1372.035 – GRANTING OF RESERVATIONS; ORDER. (a) The
Texas Government Code § 1372.035
Summary
This law regulates the timing and order of granting reservations for state ceiling allocations related to bond issues. It impacts issuers applying for reservations, ensuring a fair process based on application submission dates.
Reservations can only be granted between January 2 and November 15.
Applications are processed in the order they are received.
Certain exceptions apply as outlined in related sections.
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In simple terms: Learn about Texas's GRANTING OF RESERVATIONS; ORDER. (a) The law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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