Texas § AG.58.040 - CONSIDERATIONS IN FINANCING
Full text of Texas The Texas Constitution § AG.58.040 — CONSIDERATIONS IN FINANCING, with citation guidance and answers to common questions.
§ AG.58.040. CONSIDERATIONS IN FINANCING
CONSIDERATIONS IN FINANCING. In determining whether to provide financing under this chapter, the board shall consider the likelihood of success of the applicant and the effect of the financing on job creation and retention in the state. The board shall give preference to applicants who are Texas residents doing business in the state, and then to applicants who can demonstrate that the financed activities will take place predominantly in this state. Added by Acts 1989, 71st Leg., ch. 455, Sec. 10, eff. Aug. 28, 1989.
Frequently Asked Questions About Texas § AG.58.040
What does The Texas Constitution § AG.58.040 cover?
Section AG.58.040 ("CONSIDERATIONS IN FINANCING") 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 § AG.58.040?
A common citation format is "The Texas Constitution § AG.58.040" (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 § AG.58.040 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.