Sec. 481.194. COMPLIANCE

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(a) On acceptance of its application to receive linked deposits, an eligible lending institution shall loan money to an eligible borrower in accordance with the deposit agreement and this subchapter. The eligible lending institution shall forward a compliance report to the office.
(b) Repealed by Acts 2003, 78th Leg., ch. 814, Sec. 6.01(3).

Added by Acts 1993, 73rd Leg., ch. 689, Sec. 1, eff. Aug. 30, 1993. Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 8.28, eff. Sept. 1, 1997; Acts 2003, 78th Leg., ch. 814, Sec. 1.46, 6.01(3), eff. Sept. 1, 2003.

                    
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