Texas Administrative Code
Title 10 - COMMUNITY DEVELOPMENT
Part 5 - OFFICE OF THE GOVERNOR, ECONOMIC DEVELOPMENT AND TOURISM OFFICE
Chapter 177 - PRODUCT DEVELOPMENT AND SMALL BUSINESS INCUBATOR FUND
Section 177.8 - Loan Agreements
Universal Citation: 10 TX Admin Code ยง 177.8
Current through Reg. 49, No. 12; March 22, 2024
Before providing financing to a person, the bank will enter into an agreement with the person that will set forth the terms and conditions of the loan. The agreement must ensure the proper use of funds and will include, but is not limited to, provisions for collateral to secure the loan, reporting requirements, and repayments.
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