Texas § GV.481.603 - ELIGIBILITY FOR LOAN

Full text of Texas The Texas Constitution § GV.481.603 — ELIGIBILITY FOR LOAN, with citation guidance and answers to common questions.

§ GV.481.603. ELIGIBILITY FOR LOAN

ELIGIBILITY FOR LOAN. The office by rule shall establish the eligibility requirements for a loan to a small business under this subchapter. The requirements must include that the small business: (1) is in good standing under the laws of this state; (2) does not owe delinquent taxes to a taxing unit of this state; (3) has suffered physical damage or economic injury as a result of the event leading to the disaster declaration; and (4) has paid in full any previous loans received under this subchapter. Added by Acts 2021, 87th Leg., R.S., Ch. 847 (S.B. 678 ), Sec. 1, eff. September 1, 2021. Redesignated from Government Code, Subchapter CC , Chapter 481 by Acts 2023, 88th Leg., R.S., Ch. 768 (H.B. 4595 ), Sec. 24.001(19), eff. September 1, 2023.

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Frequently Asked Questions About Texas § GV.481.603

What does The Texas Constitution § GV.481.603 cover?

Section GV.481.603 ("ELIGIBILITY FOR LOAN") 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.481.603?

A common citation format is "The Texas Constitution § GV.481.603" (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.481.603 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.