Sec. 481.603. ELIGIBILITY FOR LOAN. The office by rule shall establish the eligibility requirements for a loan to a small business under this subchapter. The requirements must include that the small business: (1) is in good standing under the laws of this state; (2) does not owe delinquent taxes to a taxing unit of this state; (3) has suffered physical damage or economic injury as a result of the event leading to the disaster declaration; and (4) has paid in full any previous loans received under this subchapter.
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