Sec. 161.504. ELIGIBILITY FOR LOAN. (a) To qualify for a loan under this subchapter, a person must be a veteran at the time the person applies for the loan. If an eligible veteran dies after filing an application for a loan, the veteran's surviving spouse may complete the transaction.
(b) The board by rule may determine the number of loans that a person may receive under this subchapter.
Added by Acts 2001, 77th Leg., ch. 333, Sec. 2, eff. May 21, 2001.
Structure Texas Statutes
Chapter 161 - Veterans Land Board
Section 161.501. Purpose of Subchapter; Construction
Section 161.504. Eligibility for Loan
Section 161.505. Security for Loan
Section 161.506. Initial Payment or Equity
Section 161.507. Loan Payments
Section 161.508. Fees; Interest
Section 161.509. Late Payments; Default Interest Rate
Section 161.510. Combination With Certain Home Loans
Section 161.511. Time Limit on Transfer of Land
Section 161.512. Increase in Interest Rate; Accelerated Repayment
Section 161.513. Foreclosure and Resale
Section 161.514. Sale of Loans
Section 161.515. Certain Rights, Benefits, Conditions, and Obligations Prohibited