Texas Government Code 2306.261 – Supervising Housing Sponsors
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Terms Used In Texas Government Code 2306.261
- Personal property: All property that is not real property.
The housing finance division may, as provided by this subchapter, supervise:
(1) housing sponsors, including limited profit housing sponsors, of housing developments that are financed under this chapter and rented or leased to tenants; and
(2) real and personal property of sponsors.