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Texas Statutes (Last Updated: January 4, 2014) |
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GOVERNMENT CODE |
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Title 4. EXECUTIVE BRANCH |
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Subtitle C. STATE MILITARY FORCES AND VETERANS |
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Chapter 436. TEXAS MILITARY PREPAREDNESS COMMISSION |
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Subchapter D. FISCAL PROVISIONS |
Sec. 436.154. LOAN PROCESS
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(a) The office shall adopt rules, in consultation with the Texas Public Finance Authority, that contain the criteria for evaluating the credit of a loan applicant and the financial feasibility of a project. The office shall also adopt a loan application form. The application form may include:
(1) the name of the defense community and its principal officers;
(2) the total cost of the project;
(3) the amount of state financial assistance requested;
(4) the plan for repaying the loan; and
(5) any other information the office requires to perform its duties and to protect the public interest.
(b) The office may not accept an application for a loan from the Texas military value revolving loan account unless the application is submitted in affidavit form by the officials of the defense community. The office shall prescribe the affidavit form.