Sec. 161.218. WORK OF LOCAL COMMITTEE. (a) A person who considers himself an eligible veteran under this chapter and who desires to benefit under this chapter shall submit to the local committee the forms prescribed by the board before he submits his application of purchase and sales contract to the board. If the veteran is a resident of one county and is seeking to purchase land located in another, he shall submit the forms to the local committee in both counties.
(b) The local committee shall consider the forms and shall submit to the board a report concerning the financial responsibility of the veteran, if it is known, a statement of opinion as to whether or not the transaction is bona fide, a statement as to the amount the committee considers to be the reasonable value of the land in question, and a statement of the credit rating of the veteran applicant.
(c) Notwithstanding Subsection (a) or (b) of this section, or Section 161.217 of this subchapter, the committees of the various counties shall function as provided by the board's rules and may be abolished by the board if it is determined that they are no longer necessary.
Acts 1977, 65th Leg., p. 2666, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977. Amended by Acts 1985, 69th Leg., ch. 798, Sec. 8, eff. Sept. 1, 1985.
Structure Texas Statutes
Chapter 161 - Veterans Land Board
Subchapter F. Purchase, Sale, and Other Disposition of Land
Section 161.2111. Report to Bond Review Board
Section 161.215. Purchase of Land
Section 161.216. Cost of Land Sold by Board
Section 161.217. Appointment of Local Committee
Section 161.218. Work of Local Committee
Section 161.219. Board Investigation
Section 161.221. Initiation of Sale
Section 161.222. Purchase Payments
Section 161.223. Board to Specify Terms
Section 161.224. Time Limit on Transfer
Section 161.225. Sale to a Nonveteran
Section 161.226. Disposition of Land That Is Paid For
Section 161.227. Lease of Land
Section 161.228. Conditions of Leases
Section 161.230. Death of Purchaser
Section 161.231. Subdividing Land
Section 161.232. Conditions for Sale of Land
Section 161.234. Sale to Other Purchasers
Section 161.235. Rights of Surviving Spouse
Section 161.236. Number of Tracts Purchased
Section 161.237. Exemption From Certain Real Estate Transaction Laws