Section 37.9025 - Wording of Financial Assurance Mechanisms(a) Except as provided in subsection (b) of this section, an owner or operator providing a self- guarantee, as specified in § 37.9020(e) of this title (relating to Financial Assurance Mechanisms), must provide a letter from the chief financial officer as specified in § 37.351 of this title (relating to Financial Test), except Alternative I and Alternative II as specified in § 37.351 of this title shall be replaced with Alternative I and Alternative II of this subsection. Attached Graphic
(b) An owner or operator that is a nonprofit college, university, or hospital providing a self-guarantee as specified in § 37.9020(g) of this title, must provide a letter from the chief financial officer of the owner or operator as specified in § 37.351 of this title, except Alternative I and Alternative II as specified in § 37.351 of this title shall be replaced with Alternative I and Alternative II of this subsection. Attached Graphic
30 Tex. Admin. Code § 37.9025
The provisions of this §37.9025 adopted to be effective March 21, 2000, 25 TexReg 2347