§ 4.7

1 Tex. Admin. Code § 4.7

Maximum and Minimum Awards

Effective Dec 21, 200631 TexReg 10093Source Note: The provisions of this §4.7 adopted to be effective June 22, 2004, 29 TexReg 5911; amended to be effective December 21, 2006, 31 TexReg 10093.Texas Secretary of State

Viewing an earlier version · effective Dec 21, 2006View current

(a) Amount. The minimum amount of a loan will be $1,000,000 while the maximum amount of a loan will be determined by the availability of funds and the creditworthiness of the applicant.
(b) Percentage. The state may provide up to 100% of the cost of the described project, dependent upon the creditworthiness of the applicant.

Source Note:The provisions of this §4.7 adopted to be effective June 22, 2004, 29 TexReg 5911; amended to be effective December 21, 2006, 31 TexReg 10093.