4 Tex. Admin. Code § 28.84
Preferred Lender Program Approval Process
Effective Jul 8, 200126 TexReg 4998Source Note: The provisions of this §28.84 adopted to be effective July 8, 2001, 26 TexReg 4998; transferred effective October 1, 2007, as published in the Texas Register September 28, 2007, 32 TexReg 6793.Texas Secretary of State
- (a) A complete application from a applicant for the Preferred Lender Program will be considered by the Board at the next regularly scheduled meeting with notification of approval or denial issued by staff to lender within ten working days after the posted meeting.
- (b) Upon approval of Preferred Lender Program status, the applicant and the Authority will negotiate the proper guaranty and/or participation agreement(s) for the respective program(s).
Source Note:The provisions of this §28.84 adopted to be effective July 8, 2001, 26 TexReg 4998; transferred effective October 1, 2007, as published in the Texas Register September 28, 2007, 32 TexReg 6793.