Texas § GV.436.156 - TEXAS MILITARY VALUE REVOLVING LOAN ACCOUNT
Full text of Texas The Texas Constitution § GV.436.156 — TEXAS MILITARY VALUE REVOLVING LOAN ACCOUNT, with citation guidance and answers to common questions.
§ GV.436.156. TEXAS MILITARY VALUE REVOLVING LOAN ACCOUNT
TEXAS MILITARY VALUE REVOLVING LOAN ACCOUNT. (a) The Texas military value revolving loan account is an account in the general revenue fund. (b) The account may be used only for loans made under this subchapter. (c) The commission shall deposit to the credit of the account all loan payments made by a political subdivision for a loan under Section 436.153 , 436.1531 , or 436.1532 . The loan payments shall be used to reimburse the general revenue fund for money appropriated to pay the principal, premium if any, and interest on the bonds issued under Section 436.158 . If loan payments exceed the amounts required for reimbursement, the excess shall first be applied to reimburse the expenses of administering the program and secondly deposited to the credit of the Texas military value revolving loan account to fund subsequent loans. Added by Acts 2003, 78th Leg., ch. 149, Sec. 3, eff. May 27, 2003. Amended by: Acts 2009, 81st Leg., R.S., Ch. 43 (H.B. 2546 ), Sec. 14, eff. September 1, 2009. Acts 2015, 84th Leg., R.S., Ch. 330 (S.B. 1358 ), Sec. 11, eff. September 1, 2015.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § GV.436.156
What does The Texas Constitution § GV.436.156 cover?
Section GV.436.156 ("TEXAS MILITARY VALUE REVOLVING LOAN ACCOUNT") 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.436.156?
A common citation format is "The Texas Constitution § GV.436.156" (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.436.156 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.