1372.038 – RESERVATION DATE. The reservation date for an
Texas Government Code § 1372.038
Summary
This law defines the reservation date as the date when the board informs an issuer that their application has been accepted and that state ceiling capacity is available for their issue. It is relevant for issuers seeking to utilize state resources for financing.
Establishes the reservation date for accepted applications.
Notification from the board is required for the reservation date.
Affects issuers seeking state ceiling allocations.
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In simple terms: Learn about Texas's RESERVATION DATE. The reservation date for an 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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