Texas Water Code

§ 15.206 — APPLICATION FOR INSURANCE

WA § 15.206Title 2. WATER ADMINISTRATION · Part C. WATER DEVELOPMENT · Ch. 15. TEXAS WATER ASSISTANCE PROGRAM · Art. D. WATER BOND INSURANCE PROGRAM

(a)An issuer may apply in writing to the board for the insurance of its bonds.

(b)The application must include the following information:

(1)the name of the issuer;

(2)citations of the laws under which the issuer is created and operates and under which the bonds to be insured are to be issued;

(3)the total amount of bonds for which insurance coverage is sought and the anticipated interest rate on the bonds;

(4)the term for which the bonds are to be issued;

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Legislative history

Acts 2019, 86th Leg., R.S., Ch. 886 (H.B. 3339), Sec. 2, eff. September 1, 2019.