Sec. 481.402. ORIGINAL CAPITAL ACCESS FUND. (a) The original capital access fund is a dedicated account in the general revenue fund.
(b) Appropriations for the implementation and administration of the original capital access program and any other amounts received by the state for the original capital access program shall be deposited in the fund.
(c) Money in the fund may be appropriated only to the bank for use in carrying out the purposes of the original capital access program.
Added by Acts 1997, 75th Leg., ch. 1163, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2003, 78th Leg., ch. 814, Sec. 1.52, eff. Sept. 1, 2003.
Amended by:
Acts 2021, 87th Leg., R.S., Ch. 1004 (H.B. 3271), Sec. 4, eff. June 18, 2021.
Structure Texas Statutes
Subtitle F - Commerce and Industrial Development
Chapter 481 - Texas Economic Development and Tourism Office
Subchapter BB. Access to Capital Programs
Section 481.402. Original Capital Access Fund
Section 481.403. Access to Capital Programs
Section 481.404. Powers of Bank in Administering Original Capital Access Fund
Section 481.405. Original Capital Access Program
Section 481.406. Rulemaking Authority
Section 481.407. Provisions Relating to Capital Access Loan Under Original Capital Access Program
Section 481.408. Original Capital Access Program Reserve Account
Section 481.410. State's Rights With Respect to Original Capital Access Program Reserve Account
Section 481.411. Annual Report
Section 481.412. Reports; Audits
Section 481.413. State Liability Prohibited
Section 481.414. Gifts and Grants
Section 481.415. Allocation and Transfer of Money From Original Capital Access Fund