Sec. 2306.230.  AGREEMENTS REGARDING CERTAIN LIMITATIONS ON HOUSING SPONSORS.  A mortgage loan is subject to an agreement between the department and the housing sponsor that subjects the sponsor and its principals or stockholders to limitations established by the department regarding:
(1)  rentals and other charges;
(2)  builders' and developers' profits and fees;
(3)  the disposition of its property;  and
(4)  the real property that constitutes the site of or relates to the housing development.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.