1 Texas Administrative Code § 53.198 – Bank/Credit Facility Documentation The following shall constitute documentation of the bank/credit facility: (1) if a bank or other entity is involved as trustee or escrow agent, evidence of the entity’s corporate authority to act as such; (2) if a credit or similar agreement is to be submitted in…

1 Texas Administrative Code § 53.197 – Documentation of User The following shall constitute documentation of the user: (1) undated general certificate of the user, executed by at least two officers or authorized representatives of the user, including certifications and provisions (or confirmation of any such certifications and provisions which are contained in the basic…

1 Texas Administrative Code § 53.196 – Documentation of Corporation The following shall constitute documentation of the corporation: (1) undated general certificate of the corporation, executed by at least two officers of the corporation, which includes certifications and provisions (or confirmation of any such certifications and provisions which are contained in the basic financing documents)…

1 Texas Administrative Code § 53.195 – Documentation of Approving Governing Body The following shall constitute documentation of the approving governing body: (1) resolution of the governing body approving the resolution of the corporation providing for the issuance of the bonds which resolution shall not be adopted more than 60 days prior to the delivery…

1 Texas Administrative Code § 53.194 – Basic Financing Documents The following shall constitute basic financing documents: (1) loan agreement or other financing document between the corporation and the user; (2) trust indenture, bond resolution, or other document, which shall include the following provisions:(A) terms of the sale of the bonds, i.e., negotiated, competitive or…

1 Texas Administrative Code § 53.193 – Generally In addition to the requirements of Subchapter L of this chapter (relating to General Requirements for Nonprofit Corporation Bonds), this subchapter outlines the minimum transcript requirements prerequisite to approval of bonds issued pursuant to Texas Civil Statutes, Article 5190.6, as amended, Development Corporation Act of 1979 (the…

1 Texas Administrative Code § 53.184 – General Submission Requirements The following transcript items are to be submitted for all nonprofit corporation bonds: (1) index of all documents comprising the bond transaction, with appropriate notation of those documents submitted to the attorney general; (2) certification with respect to all bond proceedings held in compliance with…

1 Texas Administrative Code § 53.183 – Closings (a) Basic financing documents are to be submitted to the Public Finance Section of the attorney general’s office a minimum of 12 working days prior to the proposed bond closing along with the appropriate examination fee as required by Texas Civil Statutes, Article 717k-6. One of the…

1 Texas Administrative Code § 53.182 – Governing Law The governing law provisions for letter of credit and reimbursement agreements, bond purchase agreements, remarketing agreements, and similar agreements may be that of the state of domicile of the bank or financial institution, but the rights, duties, and liabilities of the issuer of the bonds must…

1 Texas Administrative Code § 53.181 – Form of Documents All documents and certificates submitted to the Public Finance Section of the attorney general’s office are to be dated, fully executed originals, unless otherwise indicated in this chapter. Undated certificates shall be accompanied by authorization from the appropriate party to the attorney general to complete…