Texas § AG.44.0045 - MICROENTERPRISE SUPPORT PROGRAM LOANS
Full text of Texas The Texas Constitution § AG.44.0045 — MICROENTERPRISE SUPPORT PROGRAM LOANS, with citation guidance and answers to common questions.
§ AG.44.0045. MICROENTERPRISE SUPPORT PROGRAM LOANS
MICROENTERPRISE SUPPORT PROGRAM LOANS. (a) The board shall administer a loan program supporting established and proposed microenterprises in rural areas by providing loans to expand, modernize, or otherwise improve established microenterprises and to begin operation of proposed microenterprises. (b) An applicant applying on behalf of a proposed microenterprise may receive a loan of up to $25,000 to begin operation of the microenterprise. (c) An applicant applying on behalf of an established microenterprise may receive a loan of up to $50,000 to expand, modernize, or otherwise improve an established operation. (d) The board may reserve a portion of the total fund for use in cooperative loan programs established with the participation of other public or private lenders. Added by Acts 1989, 71st Leg., ch. 1247, Sec. 6, eff. Sept. 1, 1989. Amended by Acts 1995, 74th Leg., ch. 419, Sec. 5.04, eff. Sept. 1, 1995; Acts 1999, 76th Leg., ch. 1459, Sec. 3, eff. June 19, 1999.
Frequently Asked Questions About Texas § AG.44.0045
What does The Texas Constitution § AG.44.0045 cover?
Section AG.44.0045 ("MICROENTERPRISE SUPPORT PROGRAM LOANS") 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.44.0045?
A common citation format is "The Texas Constitution § AG.44.0045" (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.44.0045 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.