SECTION 5.86. Suspension of Applications

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If the commission determines that private activity bond allocations from the US DOT are fully committed or other uncertainties exist that warrant suspension of acceptance of applications, the department will publish a notice in the Texas Register providing that applications will no longer be accepted. When conditions change, as determined by the commission, the department will publish a notice in the Texas Register that applications are again being accepted.

Source Note: The provisions of this §5.86 adopted to be effective June 14, 2007, 32 TexReg 3371

                    
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