Texas § GV.481.606 - SMALL BUSINESS DISASTER RECOVERY REVOLVING FUND
Full text of Texas The Texas Constitution § GV.481.606 — SMALL BUSINESS DISASTER RECOVERY REVOLVING FUND, with citation guidance and answers to common questions.
§ GV.481.606. SMALL BUSINESS DISASTER RECOVERY REVOLVING FUND
SMALL BUSINESS DISASTER RECOVERY REVOLVING FUND. (a) The small business disaster recovery revolving fund is a special fund outside the state treasury to be used by the office, without further legislative appropriation, for the purpose of providing financial assistance to small businesses in response to a disaster declaration as provided by this subchapter. The office shall administer the fund. The office may establish separate accounts in the fund. The fund and the fund's accounts are kept and held by the trust company in escrow and in trust for and in the name of the office. The office has legal title to money and investments in the fund until money is disbursed from the fund as provided by this subchapter and office rules. (b) Money deposited to the credit of the fund may be used only as provided by this subchapter. (c) The fund consists of: (1) money transferred or deposited to the credit of the fund by law, including money from any source transferred or deposited to the credit of the fund at the office's discretion as authorized by law; (2) the proceeds of any fee or tax imposed by this state that by statute is dedicated for deposit to the credit of the fund; (3) any other revenue that the legislature by statute dedicates for deposit to the credit of the fund; and (4) investment earnings and interest earned on amounts credited to the fund. 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.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § GV.481.606
What does The Texas Constitution § GV.481.606 cover?
Section GV.481.606 ("SMALL BUSINESS DISASTER RECOVERY REVOLVING 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.481.606?
A common citation format is "The Texas Constitution § GV.481.606" (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.481.606 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.