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The Galveston

Windstorm association approves $44 million loan for 2024 storm losses

Windstorm association approves $44 million loan for 2024 storm losses
Photo: Galveston County Daily News · view original

Directors voted unanimously in favor of a short-term loan from JPMorgan Chase Bank, which officials expect to repay within days. Chief Financial Officer Stuart Harbour said the borrowing isn't related to a funding shortage or the association's ability to pay…

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