Texas § GV.2304.067 - LIMIT ON AMOUNT OF LOAN
Full text of Texas The Texas Constitution § GV.2304.067 — LIMIT ON AMOUNT OF LOAN, with citation guidance and answers to common questions.
§ GV.2304.067. LIMIT ON AMOUNT OF LOAN
LIMIT ON AMOUNT OF LOAN. The amount of a housing rehabilitation loan may not exceed: (1) the amount determined by subtracting the amount of all other outstanding indebtedness secured by the property covered by the loan from the market value of the rehabilitated property as determined by the local government approving the loan; or (2) the amount determined by adding the amount of the housing rehabilitation contract made and approved under Subchapter E for the property to the amount of the administrative charge imposed under Section 2304.068 in connection with the loan. Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § GV.2304.067
What does The Texas Constitution § GV.2304.067 cover?
Section GV.2304.067 ("LIMIT ON AMOUNT OF LOAN") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § GV.2304.067?
A common citation format is "The Texas Constitution § GV.2304.067" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § GV.2304.067 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.