Sec. 481.413. STATE LIABILITY PROHIBITED. The state is not liable to a participating financial institution for payment of the principal, the interest, or any late charges on a capital access loan made under this subchapter.
Added by Acts 1997, 75th Leg., ch. 1163, Sec. 1, eff. Sept. 1, 1997.
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