1 Tex. Admin. Code § 97.41

Current through Reg. 49, No. 52; December 27, 2024

Section 97.41 - Requirements of Irrevocable Letter of Credit

An irrevocable letter of credit must be obtained from an entity that has the power to issue letters of credit under the law and that is authorized to transact business in Texas.

1 Tex. Admin. Code § 97.41

The provisions of this §97.41 adopted to be effective September 7, 1988, 13 TexReg 4233; Amended to be effective September 3, 2009, 34 TexReg 5895