# 10 Tex. Admin. Code § 200.5: 10 TAC § 200.5. Establishment of a Loan Loss Reserve Account

> Texas · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_5

## Section

- **Citation:** 10 Tex. Admin. Code § 200.5
- **Heading:** 10 TAC § 200.5. Establishment of a Loan Loss Reserve Account
- **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 § 200.5

## Text

(a) After entering an Agreement with the Office, a
 PFI making Qualified Loans shall establish a Loan Loss Reserve Account
 to receive the premium payments described in §200.9 of this chapter
 (relating to Contributions to Loan Loss Reserve) from the Borrower
 and the PFI, and the Office's matching contribution as described in §200.11
 of this chapter (relating to State Contributions to Loan Loss Reserve
 Accounts).
(b) The Loan Loss Reserve Account shall be:
(1) used by the PFI only to cover Losses arising from
 a charge off of an Enrolled Loan or as provided by the Agreement or
 this subchapter; and
(2) established in a money market fund in a Financial
 Institution specified by the Office; the interest rate for the money
 market fund must be a competitive rate.

## Nearby sections

- [10 Tex. Admin. Code § 200.1 10 TAC § 200.1. Texas Small Business Credit Initiative Capital Access Program Authority and Purpose](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_1.md)
- [10 Tex. Admin. Code § 200.2 10 TAC § 200.2. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_2.md)
- [10 Tex. Admin. Code § 200.3 10 TAC § 200.3. Program Application Procedure](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_3.md)
- [10 Tex. Admin. Code § 200.4 10 TAC § 200.4. Agreement](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_4.md)
- [10 Tex. Admin. Code § 200.5 10 TAC § 200.5. Establishment of a Loan Loss Reserve Account](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_5.md)
- [10 Tex. Admin. Code § 200.6 10 TAC § 200.6. Ownership, Control, Investment of Loan Loss Reserve Account](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_6.md)
- [10 Tex. Admin. Code § 200.7 10 TAC § 200.7. Qualified Loan Eligibility and Approval](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_7.md)
- [10 Tex. Admin. Code § 200.8 10 TAC § 200.8. Eligible and Restricted Uses of Texas Small Business Credit Initiative Capital Access Program Loan Proceeds](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_8.md)
- [10 Tex. Admin. Code § 200.9 10 TAC § 200.9. Contributions to Loan Loss Reserve](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_9.md)
- [10 Tex. Admin. Code § 200.10 10 TAC § 200.10. Procedure for Enrollment of a Qualified Loan](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_10.md)
- [10 Tex. Admin. Code § 200.11 10 TAC § 200.11. State Contributions to Loan Loss Reserve Accounts](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_11.md)
- [10 Tex. Admin. Code § 200.12 10 TAC § 200.12. 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_12.md)
- [10 Tex. Admin. Code § 200.13 10 TAC § 200.13. Payment of Claims by the Office](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_13.md)
- [10 Tex. Admin. Code § 200.14 10 TAC § 200.14. Recoveries on Loans Subsequent to Payment of Claim](https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_14.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_5. Check the current official text before relying on it. Not legal advice.