Tex. Gov't Code § 2306.564

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2306.564 - Review of Qualified 501(C)(3) Bond Issuance Policies

(a) The corporation shall review annually its qualified 501(c)(3) bond issuance policies, including the public benefit requirement implemented under Section 2306.563.

(b) The corporation shall give to the secretary of state for publication in the Texas Register any proposed policy revisions and allow a reasonable period for public comment.

(c) The board of directors of the corporation must approve any change to the bond issuance policies.

Tex. Gov't. Code § 2306.564

Added by Acts 2003, 78th Leg., ch. 332, Sec. 16, eff. 9/1/2003.