Sec. 164.004. RULES.
162 words·~1 min read·
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Sec. 164.004. RULES. The board shall adopt rules providing for the administration of its financial assistance programs established under this chapter, including rules concerning:
(1)the purchasing of land and the selling of land to veterans;
(2)the making of home mortgage loans to veterans;
(3)the use of insurance on land and homes as deemed appropriate by the board, as further security for land sold or home mortgage loans made;
(4)the criteria for approving lending institutions participating in programs;
(5)the terms and conditions of a contract made with a lending institution;
(6)the construction, acquisition, ownership, operation, maintenance, enlargement, improvement, or furnishing or equipping of veterans homes or veterans cemeteries; and
(7)other matters as the board deems appropriate.
Added by Acts 1993, 73rd Leg., ch. 242, Sec. 3.01, eff. Aug. 30, 1993. Amended by Acts 1997, 75th Leg., ch. 71, Sec. 7, eff. May 9, 1997; Acts 2001, 77th Leg., ch. 981, Sec. 4, eff. Nov. 6, 2001.