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TITLE 10COMMUNITY DEVELOPMENT
PART 5OFFICE OF THE GOVERNOR, ECONOMIC DEVELOPMENT AND TOURISM OFFICE
CHAPTER 182BUSINESS ASSISTANCE
SUBCHAPTER BLINKED DEPOSIT PROGRAM
RULE §182.51Linked Deposit Program General Provisions

(a) Introduction. Pursuant to the authority granted by the Texas Government Code, Chapter 481, Subchapter N, the Economic Development and Tourism Office in the Office of the Governor (Office) prescribes the following rules regarding the administration, implementation, practice and procedure of the Linked Deposit Program.

(b) Purpose. The purpose of the program is to encourage lending to historically underutilized businesses, child-care providers, nonprofit corporations, and to small businesses located in enterprise zones. These sections are adopted to provide standards of eligibility and procedures for obtaining financial assistance under the Act.


Source Note: The provisions of this §182.51 adopted to be effective February 2, 1994, 19 TexReg 345; amended to be effective November 3, 1997, 22 TexReg 10639; amended to be effective August 5, 2012, 37 TexReg 5733

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