Sec. 23.109.  AUTHORITY REGARDING LOANS.  (a)  A grand body incorporated under this subchapter may:
(1)  loan money held and owned by the grand body for charitable purposes, for the endowment of any of the institutions of the grand body, or otherwise;  and
(2)  secure loans by taking and receiving liens on real property or by another method elected by the grand body.
(b)  On sale of real property secured by a lien, a grand body may become the purchaser of the real property and hold title to the property.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.