31 Tex. Admin. Code § 367.20
Current through Reg. 49, No. 49; December 6, 2024
The state is not liable to an eligible lending institution for payment of the principal, interest, or any late charges on a loan made to an approved applicant. A linked deposit is not an extension of the state's credit within the meaning of any state constitutional prohibition.
31 Tex. Admin. Code § 367.20