Sec. 481.406. RULEMAKING AUTHORITY. (a) The executive director may adopt rules relating to the implementation of any program established under this subchapter and any other rules necessary to accomplish the purposes of this subchapter.
(b) Repealed by Acts 2023, 88th Leg., R.S., Ch. 690 (H.B. 1515), Sec. 16(3), eff. September 1, 2023.
(c) Repealed by Acts 2023, 88th Leg., R.S., Ch. 690 (H.B. 1515), Sec. 16(3), eff. September 1, 2023.
(d) The office shall by rule develop:
(1) procedures for disbursement of money to borrowers and lending partners for access to capital programs; and
(2) documentation and recovery effort requirements of a participating partner for a claim against a reserve account.
Added by Acts 1997, 75th Leg., ch. 1163, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2003, 78th Leg., ch. 814, Sec. 1.55, eff. Sept. 1, 2003.
Amended by:
Acts 2021, 87th Leg., R.S., Ch. 1004 (H.B. 3271), Sec. 8, eff. June 18, 2021.
Acts 2023, 88th Leg., R.S., Ch. 690 (H.B. 1515), Sec. 7, eff. September 1, 2023.
Acts 2023, 88th Leg., R.S., Ch. 690 (H.B. 1515), Sec. 16(3), eff. September 1, 2023.