Transportation Code › Title 3 › Chapter 21 › Subchapter C

Texas Transportation Code § 21.102

Loan Preferred

Administration of Aeronautics · Aviation Facilities Development and Financial Assistance

The department shall:

(1) make a loan instead of a grant whenever feasible under this subchapter; and

(2) carefully consider making a loan instead of a grant for an improvement that produces revenue.

Official text of the Texas Transportation Code as published by the Texas Legislative Council.

Official source
Legislative history

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.