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THIS IS AN EXTENSION OF CREDIT THAT IS THE TYPE OF CREDIT DEFINED BYSUBSECTION (a)(6) OF SECTION 50, ARTICLE XVI OF THE TEXAS CONSTITUTIONTHIS EXTENSION OF CREDIT HAS A VARIABLE RATE OF INTEREST AS
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Art 16 - sec refers to a specific section of a legal or regulatory framework that outlines requirements or provisions related to a particular aspect of law or compliance, often regarding financial or operational disclosures.
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The purpose of art 16 - sec is to ensure transparency, accountability, and compliance with relevant laws by mandating the reporting of specific information necessary for regulatory oversight.
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