Tex. Natural Resources Code § 161.515

This is the official text of Tex. Natural Resources Code § 161.515, part of Texas’s Natural Resources Code — governs land, minerals, and natural resource management.

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§ 161.515. CERTAIN RIGHTS, BENEFITS, CONDITIONS, AND OBLIGATIONS PROHIBITED.

Official statutory text

In making rules and administering this subchapter, the board may not impose on or grant a loan recipient or a transferee under Section 161.511 a right, benefit, condition, or obligation that, in any way, may impair:

(1) the ability of the board to sell a loan made under this subchapter; or

(2) the market value of a loan made under this subchapter.

Status: in_force · Read it on the official government site

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