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TITLE 1ADMINISTRATION
PART 3OFFICE OF THE ATTORNEY GENERAL
CHAPTER 53MUNICIPAL SECURITIES
SUBCHAPTER NHEALTH FACILITIES DEVELOPMENT CORPORATION BONDS
RULE §53.216Bank/Credit Facility Documentation

The following shall constitute documentation of the bank/credit facility:

  (1) if a bank or other entity is involved as trustee, escrow agent, or credit facility, evidence of the entity's corporate authority to act as such;

  (2) if a credit or similar agreement is to be submitted in executed form pursuant to §53.212(3) of this title (relating to Basic Financing Documents), evidence of corporate authority to act as such;

  (3) authority for specified officers to execute transcript documents and signature identification of such officers.


Source Note: The provisions of this §53.216 adopted to be effective November 14, 1990, 15 TexReg 6289.

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