The maximum amount that an individual will be able to borrow under this chapter will be established by resolution of the board, from time to time. Provided however, the maximum loan amount may not exceed the maximum allowable loan amount under the United States Department of Veterans Affairs Home Loan Guaranty Program. In the case of a home improvement loan, the board shall establish the maximum loan amount by resolution.

Source Note: The provisions of this §177.14 adopted to be effective August 24, 1999, 24 TexReg 6518; amended to be effective June 9, 2003, 28 TexReg 4436