Sec. 61.540. LOAN REPAYMENT ASSISTANCE UNDER FORMER LAW; SAVING PROVISION. (a) This subsection applies only to a person who entered into a written agreement to perform service as a physician in exchange for loan repayment assistance under this subchapter before September 1, 2003. The agreement continues in effect and this subchapter, as it existed when the person entered into the agreement, is continued in effect for purposes of that agreement until the person satisfies all the conditions of the agreement or repays all amounts due under the agreement if the person does not satisfy the conditions of the agreement.
(b) A person receiving loan repayment assistance under this subchapter immediately before the effective date of the amendments made to this subchapter by the 81st Legislature, Regular Session, 2009, may continue to receive loan repayment assistance under this subchapter, as this subchapter applied to the person immediately before the effective date of those amendments, until the person is no longer eligible for loan repayment assistance under this subchapter, as this subchapter existed on that date, and the former law is continued in effect for that purpose.
(c) A person to whom this section applies is not eligible to receive repayment assistance under another provision of this subchapter.
Added by Acts 2003, 78th Leg., ch. 820, Sec. 24, eff. Sept. 1, 2003.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 285 (H.B. 2154), Sec. 9, eff. September 1, 2009.
Structure Texas Statutes
Subtitle B - State Coordination of Higher Education
Chapter 61 - Texas Higher Education Coordinating Board
Subchapter J. Repayment of Certain Physician Education Loans
Section 61.531. Repayment Authorized
Section 61.534. Eligible Loans
Section 61.536. Advisory Committees
Section 61.5361. Acceptance of Funds
Section 61.538. Amount of Repayment Assistance
Section 61.5391. Physician Education Loan Repayment Program Account
Section 61.5392. Federal Matching Funds
Section 61.540. Loan Repayment Assistance Under Former Law; Saving Provision