SECTION 81.111. Interest on Start-up Loan to Open Primary Fund is Not Reimbursable

A county chair may acquire a start-up loan to defray the cost of the primary elections, prior to receiving reimbursement from the state. A county chair may not use primary funds, which are subsequently approved by the SOS, to pay interest on loans used to defray operating expenses incurred prior to the receipt of such funds.

Source Note: The provisions of this §81.111 adopted to be effective December 13, 2009, 34 TexReg 8665; amended to be effective March 7, 2012, 37 TexReg 1483; amended to be effective January 9, 2014, 39 TexReg 209