Texas Administrative Code
Title 1 - ADMINISTRATION
Part 3 - OFFICE OF THE ATTORNEY GENERAL
Chapter 53 - MUNICIPAL SECURITIES
Subchapter N - HEALTH FACILITIES DEVELOPMENT CORPORATION BONDS
Section 53.213 - Documentation of Governing Body
Universal Citation: 1 TX Admin Code ยง 53.213
Current through Reg. 49, No. 38; September 20, 2024
The following shall constitute documentation of the governing body:
(1) certificate of receipt of notice from the corporation to the governing body of intent to issue bonds, with notice attached, which includes the description of the health facilities, projected cost and necessity for the health facility, name of proposed user of the facility, or a cash flow forecast, as applicable;
(2) undated general certificate of the governing body including certifications and provisions with respect to:
(A) approval of the bylaws and
articles of incorporation of the corporation and all amendments
thereto;
(B) incumbency of the
directors of the corporation; and
(C) whether any action has been taken
pursuant to the Health Facilities Development Act, §221.035, or otherwise
to limit the effectiveness of the bond resolution or affect the bond
transaction.
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