136.005 – INVESTMENT COMMITTEE. (a) Before contracting
Texas Human Resources Code § 136.005
Summary
This law mandates that development corporations establish an investment committee to oversee loan requests from community health centers. The committee must include members with lending experience and those who utilize health services, ensuring diverse representation and expertise.
Development corporations must form an investment committee.
Committee must have members with lending and health service experience.
Committee approves loan requests for community health centers.
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In simple terms: Learn about Texas's INVESTMENT COMMITTEE. (a) Before contracting law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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