Texas § GV.2306.207 - RESERVE FUND
Full text of Texas The Texas Constitution § GV.2306.207 — RESERVE FUND, with citation guidance and answers to common questions.
§ GV.2306.207. RESERVE FUND
RESERVE FUND. (a) The department may create a reserve fund with the comptroller out of: (1) proceeds from the sale of the department's bonds; or (2) other resources. (b) The reserve fund is additional security for the division's bonds. Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 1997, 75th Leg., ch. 980, Sec. 32, eff. Sept. 1, 1997; Acts 1997, 75th Leg., ch. 1423, Sec. 8.75, eff. Sept. 1, 1997. SUBCHAPTER J. HOUSING FINANCE DIVISION: LOAN TERMS AND CONDITIONS
Frequently Asked Questions About Texas § GV.2306.207
What does The Texas Constitution § GV.2306.207 cover?
Section GV.2306.207 ("RESERVE FUND") 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.2306.207?
A common citation format is "The Texas Constitution § GV.2306.207" (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.2306.207 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.