# 10 Tex. Admin. Code § 200.108: 10 TAC § 200.108. Encumbrance of Funds

> Texas · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_108

## Section

- **Citation:** 10 Tex. Admin. Code § 200.108
- **Heading:** 10 TAC § 200.108. Encumbrance of Funds
- **Jurisdiction:** Texas
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Texas Administrative Code / Title 10 COMMUNITY DEVELOPMENT / Part 5 OFFICE OF THE GOVERNOR, ECONOMIC DEVELOPMENT AND TOURISM OFFICE / Chapter 200 TEXAS SMALL BUSINESS CREDIT INITIATIVE / 10 TAC § 200.108

## Text

(a) Subject to subsection (b) of this section, for
 each Enrolled Loan, the Office shall encumber an amount in the Fund
 up to the Guaranteed Amount specified in §200.107 of this chapter
 (relating to Loan Guarantee Maximums; Procedure for Enrollment of
 a Qualified Loan) for the Enrolled Loan and attribute that encumbrance
 to the Enrolled Loan.
(b) The Office shall not encumber the full amount specified
 in subsection (a) of this section if:
(1) the Fund does not contain an amount of money greater
 than or equal to the amount to be encumbered, in which case the Office
 may encumber up to the balance of the Fund; or
(2) the amount to be encumbered is more than $4,000,000,
 in which case the Office may encumber up to $4,000,000.
(c) Notwithstanding any provision to the contrary,
 the Office may unencumber any encumbered amounts related to loans
 the Office, in its sole discretion, has determined are ineligible
 for reimbursement or for other good cause. If the encumbered amounts
 have been reported to Treasury, the Office shall promptly inform Treasury
 of the unencumbrance. The Office may use any unencumbered funds to
 guarantee any other Qualified Loan.

## Nearby sections

- [10 Tex. Admin. Code § 200.101 10 TAC § 200.101. Texas Small Business Credit Initiative Loan Guarantee Program Authority and Purpose](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_101.md)
- [10 Tex. Admin. Code § 200.102 10 TAC § 200.102. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_102.md)
- [10 Tex. Admin. Code § 200.103 10 TAC § 200.103. Program Application Procedure](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_103.md)
- [10 Tex. Admin. Code § 200.104 10 TAC § 200.104. Agreement](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_104.md)
- [10 Tex. Admin. Code § 200.105 10 TAC § 200.105. Qualified Loan Eligibility and Approval](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_105.md)
- [10 Tex. Admin. Code § 200.106 10 TAC § 200.106. Eligible and Restricted Uses of Texas Small Business Credit Loan Guarantee Program Loan Proceeds](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_106.md)
- [10 Tex. Admin. Code § 200.107 10 TAC § 200.107. Loan Guarantee Maximums; Procedure for Enrollment of a Qualified Loan](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_107.md)
- [10 Tex. Admin. Code § 200.108 10 TAC § 200.108. Encumbrance of Funds](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_108.md)
- [10 Tex. Admin. Code § 200.109 10 TAC § 200.109. Procedure for Making a Claim for Reimbursement for Charging Off of an Enrolled Loan](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_109.md)
- [10 Tex. Admin. Code § 200.110 10 TAC § 200.110. Payment of Claims by the Office](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_110.md)
- [10 Tex. Admin. Code § 200.111 10 TAC § 200.111. Recoveries on Loans Subsequent to Payment of Claim](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_111.md)
- [10 Tex. Admin. Code § 200.112 10 TAC § 200.112. Withdrawal from Program; Termination of Participation in Program](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_112.md)
- [10 Tex. Admin. Code § 200.113 10 TAC § 200.113. Excessive Annual Claims Rate by a Participating Financial Institution](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_113.md)
- [10 Tex. Admin. Code § 200.114 10 TAC § 200.114. Inspection of Files](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_114.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_108. Check the current official text before relying on it. Not legal advice.