Texas Human Resources Code 136.005 – Investment Committee
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(a) Before contracting with a development corporation, the commission shall require the development corporation to establish an investment committee to approve loan requests of community health centers.
(b) The investment committee must consist of seven members as follows:
(1) at least two members with lending experience;
(2) at least two members who receive health care services from a community health center; and
(3) at least one member who represents the Texas Association of Community Health Centers, Inc.
Terms Used In Texas Human Resources Code 136.005
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.