Revolving Loan Fund

Administration of Aeronautics · Aviation Facilities Development and Financial Assistance

The department shall:

(1) place the principal and interest derived from a loan in a revolving loan fund; and

(2) administer the fund for future loans and their administration.

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

Legislative history

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