15.206 – APPLICATION FOR INSURANCE. (a) An issuer may
Texas Water Code § 15.206
Summary
This law allows bond issuers to apply for insurance on their bonds by submitting a written application to the board. The application must include essential details about the issuer, the bonds, and the legal framework governing them.
Issuers must submit a written application for bond insurance.
Application requires specific information about the issuer and bonds.
Insurance covers the total amount and interest rate of the bonds.
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In simple terms: Learn about Texas's APPLICATION FOR INSURANCE. (a) An issuer may 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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