31 Tex. Admin. Code § 371.16
Term of Financial Assistance
Effective Sep 11, 201439 TexReg 7169Source Note: The provisions of this §371.16 adopted to be effective August 4, 2010, 35 TexReg 6680; amended to be effective July 30, 2012, 37 TexReg 5602; amended to be effective September 11, 2014, 39 TexReg 7169.Texas Secretary of State
- (a) The Board may offer financial assistance up to 30 years for the planning, acquisition, design and/or construction of a project, in accordance with the Act and the IUP under which the project received funding.
- (b) Notwithstanding the terms in subsection (a) of this section, the term of financial assistance offered may not exceed the expected design life of an eligible project.
Source Note:The provisions of this §371.16 adopted to be effective August 4, 2010, 35 TexReg 6680; amended to be effective July 30, 2012, 37 TexReg 5602; amended to be effective September 11, 2014, 39 TexReg 7169.