Sec. 61.606. REPAYMENT

Latest version.

(a) The coordinating board shall deliver any repayment made under this subchapter in a lump sum directly to the lender.
(b) A repayment made under this subchapter may be applied only to the principal amount of the loan.

Added by Acts 1987, 70th Leg., ch. 956, Sec. 8.12, eff. Sept. 1, 1987.

                    
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