Texas Administrative Code
Title 31 - NATURAL RESOURCES AND CONSERVATION
Part 10 - TEXAS WATER DEVELOPMENT BOARD
Chapter 375 - CLEAN WATER STATE REVOLVING FUND
Subchapter I - NONPOINT SOURCE POLLUTION LINKED DEPOSITS PROGRAM
Section 375.207 - Requirements after Execution
Universal Citation: 31 TX Admin Code ยง 375.207
Current through Reg. 49, No. 38; September 20, 2024
After the executive administrator has executed a linked deposit agreement, the executive administrator shall:
(1) at the next available Board meeting and each month thereafter, provide a report to the Board that:
(A) identifies all linked deposit agreements;
and
(B) the status of the loans
made by lending institutions; and
(2) in the event of noncompliance on the part of an eligible lending institution, inform the Texas comptroller of public accounts of the noncompliance and include information regarding the noncompliance in the monthly report to the Board.
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