Texas § GV.481.504 - SECURITY FOR LOANS
Full text of Texas The Texas Constitution § GV.481.504 — SECURITY FOR LOANS, with citation guidance and answers to common questions.
§ GV.481.504. SECURITY FOR LOANS
SECURITY FOR LOANS. In addition to any other security provided by law, if a defense community defaults on a loan, a state agency making a loan to the defense community for a project described by Section 481.502 (a) may foreclose under a loan agreement in the manner provided by law for foreclosure and liquidate any collateral provided under the loan agreement to recover any outstanding debt. Added by Acts 2003, 78th Leg., ch. 362, Sec. 1, eff. June 18, 2003. SUBCHAPTER EE. SMALL BUSINESS DISASTER RECOVERY LOAN PROGRAM
Frequently Asked Questions About Texas § GV.481.504
What does The Texas Constitution § GV.481.504 cover?
Section GV.481.504 ("SECURITY FOR 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 § GV.481.504?
A common citation format is "The Texas Constitution § GV.481.504" (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.481.504 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.