Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 7. BANKING AND SECURITIES |
PART 6. CREDIT UNION DEPARTMENT |
CHAPTER 91. CHARTERING, OPERATIONS, MERGERS, LIQUIDATIONS |
SUBCHAPTER G. LENDING POWERS |
SECTION 91.705. Home Improvement Loans
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In addition to the requirements of this chapter, all loans in which the proceeds are used to construct new improvements or renovate existing improvements on a homestead property must also comply with the requirements of Section 50(a)(5), Article XVI, Texas Constitution.
Source Note: The provisions of this §91.705 adopted to be effective August 9, 1999, 24 TexReg 6023