Tex. Ins. Code Section 961.206
Advance to Corporation

Any person may advance to a nonprofit legal services corporation, on a contingent liability basis, money necessary for the purposes of the corporation’s business or to comply with this chapter. The advance may be made in an amount and at a rate of interest agreed to by the person and the corporation.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 643 (S.B. 1623), Sec. 10, eff. September 1, 2019.

Source: Section 961.206 — Advance to Corporation, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­961.­htm#961.­206 (accessed May 26, 2025).

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Verified:
May 26, 2025

§ 961.206. Advance to Corp.'s source at texas​.gov