# 10 Tex. Admin. Code § 200.110: 10 TAC § 200.110. Payment of Claims by the Office

> Texas · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_110

## Section

- **Citation:** 10 Tex. Admin. Code § 200.110
- **Heading:** 10 TAC § 200.110. Payment of Claims by the Office
- **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 § 200.110

## Text

(a) Subject to subsection (b) of this section, and
 in accordance with the Agreement, the Office shall reimburse a PFI
 for Losses claimed under the procedure described in §200.109
 of this chapter (relating to Procedure for Making a Claim for Reimbursement
 for Charging Off of an Enrolled Loan).
(b) The Office may reject a claim in part or in full
 if:
(1) the Office, in its sole discretion, determines:
(A) the representations and warranties provided by
 the PFI in the Agreement were misleading or false;
(B) the representations and warranties provided by
 the PFI at the time of enrolling the Qualified Loan were misleading
 or false;
(C) the PFI did not exercise due care and diligent
 efforts to liquidate the loan collateral, realize the personal or
 other financial guarantees, or otherwise recover on the loan;
(D) the documentation provided by the PFI does not
 substantiate the claim;
(E) reimbursing the claim would violate state or federal
 law or policy; or
(F) other good cause exists; or
(2) the PFI:
(A) fails to submit required information or documentation
 within the time period specified by the Office in the Office's notice
 of deficiency sent to the PFI;
(B) seeks reimbursement of more than the Guaranteed
 Amount, in which case the Office shall reimburse no more than the
 Guaranteed Amount.
(c) If the Fund does not contain amounts sufficient
 to cover the total amount of a Loss claim, the Office shall pay an
 amount up to the available balance of the Fund. This payment shall
 fully satisfy the claim and the PFI has no further right to receive
 any other amount with respect to such claim.
(d) The Office shall review Loss claims in the order
 in which it receives them.

## 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_110. Check the current official text before relying on it. Not legal advice.