# 10 Tex. Admin. Code § 200.9: 10 TAC § 200.9. Contributions to Loan Loss Reserve

> Texas · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_9

## Section

- **Citation:** 10 Tex. Admin. Code § 200.9
- **Heading:** 10 TAC § 200.9. Contributions to Loan Loss Reserve
- **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 § 200.9

## Text

(a) When making a Qualified Loan for which a PFI will
 seek enrollment under the Program, the PFI must require the Borrower
 to pay a premium payment that is:
(1) For SEDI-owned businesses and Very Small Businesses,
 at least 1 percent but not more than 3.5 percent of the principal
 amount of the Qualified Loan; or
(2) For all other Borrowers, at least 1 percent but
 not more than 2.5 percent of the principal amount of the Qualified
 Loan.
(b) The PFI must submit a premium payment equal to
 the premium payment made by the Borrower under this Section. The PFI
 may charge the Borrower a fee to recover its contribution under this
 Subsection.
(c) The PFI shall deposit the premiums specified in
 subsections (a) and (b) of this section in the Loan Loss Reserve Account
 created under §200.5 of this chapter (relating to Establishment
 of a Loan Loss Reserve Account).
(d) If a Qualified Loan is enrolled, the premiums specified
 under Subsection (a) of this Section are nonrefundable.
(e) Notwithstanding subsection (d) of this section,
 if a Qualified Loan is not enrolled under this section or unenrolled
 because the Office determines in its sole discretion, the loan is
 not eligible for the Program, the Office shall refund the premiums
 deposited under subsection (c) of this section to the requesting PFI
 as soon as practicable.
(f) Notwithstanding subsection (a) of this section,
 PFIs may request authorization from the Office to charge the maximum
 premiums specified under subsection (a)(1) of this section for all
 Borrowers, regardless of whether a Borrower is a SEDI-owned business
 or a Very Small Business. If the Office, in its sole discretion, grants
 authorization, the PFI may charge all Borrowers a premium up to 3.5
 percent of the principal amount of the Qualified Loan. If approved,
 the PFI shall not pay a premium pursuant to subsection (b) of this
 section that is less than the premium paid by the Borrower.

## 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)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TX_TAC_T10_P5_C200_S200_9. Check the current official text before relying on it. Not legal advice.