Texas Administrative Code
Title 7 - BANKING AND SECURITIES
Part 7 - STATE SECURITIES BOARD
Chapter 125 - MINIMUM DISCLOSURES IN CHURCH AND NONPROFIT INSTITUTION BOND ISSUES
Section 125.8 - Litigation and Other Material Transactions
Universal Citation: 7 TX Admin Code ยง 125.8
Current through Reg. 49, No. 38; September 20, 2024
(a) Any pending or threatened litigation which may materially affect the issuer's ability to pay back the bonds, or the interest on them, must be mentioned.
(b) Any transactions to which the issuer is a party which may materially affect this offering, and which have not been mentioned in subsection (a) of this section, must be fully disclosed.
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