31 Tex. Admin. Code § 363.905
Current through Reg. 49, No. 49; December 6, 2024
The board may make financial assistance available to a rural community by entering into a loan agreement and promissory note. The loan agreement will provide for the payment of principal and interest on the debt and other terms and conditions of the loan. The rural community must execute a promissory note, payable to the board, to evidence the obligation to repay the loan.
31 Tex. Admin. Code § 363.905