Sec. 1352.056.  USE OF PROCEEDS.  Proceeds of a home equity loan that is the subject of an application under Section 1352.053 that are attributable to the minor's interest may be spent only to:
(1)  make improvements to the homestead;
(2)  pay for the minor's education or medical expenses; or
(3)  pay the loan's outstanding balance.
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.