1. (a) An application for a loan from the fund must be accompanied by all papers and opinions required by the authority.

2. (b) The authority may require that an application for a loan from the fund be accompanied by the following:

   1. (1) A certification and guarantee of signatures.

   2. (2) A certification that, as of the date of the loan, no litigation is pending challenging the validity of or entry into:

      1. (A) the loan; or
      2. (B) any security for the loan.
   3. (3) Any other certifications, agreements, security, or requirements that the authority requests.
   4. (4) An approving opinion of nationally recognized bond counsel.

As added by P.L.204-2023, SEC.5.