Texas § GV.487.304 - ELIGIBILITY FOR GRANT, LOAN, OR LOAN GUARANTEE
Full text of Texas The Texas Constitution § GV.487.304 — ELIGIBILITY FOR GRANT, LOAN, OR LOAN GUARANTEE, with citation guidance and answers to common questions.
§ GV.487.304. ELIGIBILITY FOR GRANT, LOAN, OR LOAN GUARANTEE
ELIGIBILITY FOR GRANT, LOAN, OR LOAN GUARANTEE; INTEREST RATE. (a) The department shall adopt rules that establish eligibility criteria for receiving a grant, loan, or loan guarantee under this subchapter. (b) The rules must state generally the factors the department will consider in determining whether an applicant should receive a grant, loan, or loan guarantee. The rules must consider at least the financial need of the applicant, the health care needs of the rural area served by the applicant, and the probability that the applicant will effectively and efficiently use the money obtained through the grant, loan, or loan guarantee to meet the health care needs of the rural area served by the applicant. (c) The rules must state generally the factors the department will consider in determining the extent to which the interest rate on a loan should be below market rates. Added by Acts 2001, 77th Leg., ch. 1424, Sec. 1, eff. Sept. 1, 2001. Amended by: Acts 2009, 81st Leg., R.S., Ch. 112 (H.B. 1918 ), Sec. 55, eff. September 1, 2009. SUBCHAPTER I. COMMUNITY DEVELOPMENT BLOCK GRANT NONENTITLEMENT PROGRAM
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § GV.487.304
What does The Texas Constitution § GV.487.304 cover?
Section GV.487.304 ("ELIGIBILITY FOR GRANT, LOAN, OR LOAN GUARANTEE") 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.487.304?
A common citation format is "The Texas Constitution § GV.487.304" (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.487.304 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.