Sec. 489.104. ALLOCATION OF RESOURCES. The bank may allocate its resources as necessary to efficiently meet the level of demand experienced by:
(1) each program or service described by Section 489.108; and
(2) the Texas Department of Transportation under Section 489.102(b)(7).
Added by Acts 2003, 78th Leg., ch. 814, Sec. 2.01, eff. Sept. 1, 2003.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 1410 (H.B. 2660), Sec. 2, eff. June 15, 2007.
Structure Texas Statutes
Subtitle F - Commerce and Industrial Development
Chapter 489 - Texas Economic Development Bank
Subchapter B. Creation and Operation of Bank; Texas Economic Development Bank Fund
Section 489.101. Creation of Bank
Section 489.102. Powers and Duties of Bank
Section 489.104. Allocation of Resources
Section 489.105. Texas Economic Development Bank Fund
Section 489.106. Administration of Fund and Chapter
Section 489.107. Annual Report
Section 489.108. Programs, Services, and Funds Under Bank's Direction