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Current as of January 01, 2024 | Updated by Findlaw Staff
The office by rule shall establish the eligibility requirements for a loan to a small business under this subchapter. The requirements must include that the small business:
(1) is in good standing under the laws of this state;
(2) does not owe delinquent taxes to a taxing unit of this state;
(3) has suffered physical damage or economic injury as a result of the event leading to the disaster declaration; and
(4) has paid in full any previous loans received under this subchapter.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 481.603. Eligibility for Loan - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-481-603/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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