1 Tex. Admin. Code § 53.198

Current through Reg. 49, No. 52; December 27, 2024
Section 53.198 - Bank/Credit Facility Documentation

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

(1) if a bank or other entity is involved as trustee or escrow agent, 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 § RSA 53.194(3) of this title (relating to Basic Financing Documents), evidence of the credit facility's corporate authority to act as such;
(3) authority for specified officers to execute transcript documents and signature identification of such officers.

1 Tex. Admin. Code § 53.198

The provisions of this §53.198 adopted to be effective November 14, 1990, 15 TexReg 6289.