Texas § IN.2210.6325 - REQUEST TO ENTER INTO FINANCING ARRANGEMENT

Full text of Texas The Texas Constitution § IN.2210.6325 — REQUEST TO ENTER INTO FINANCING ARRANGEMENT, with citation guidance and answers to common questions.

§ IN.2210.6325. REQUEST TO ENTER INTO FINANCING ARRANGEMENT

REQUEST TO ENTER INTO FINANCING ARRANGEMENT. (a) The association may submit a request to the comptroller to enter into a financing arrangement as authorized by Section 404.0242 , Government Code. The request must include the association's requested maximum principal amount and maximum term of the arrangement. (b) The association and the comptroller may agree to increase the maximum principal amount stated in a request submitted under Subsection (a) on a showing that a greater principal amount is needed to: (1) pay the costs related to the issuance of the financing arrangement; (2) provide for a debt service reserve fund; or (3) capitalize interest for a period equal to the lesser of: (A) a period determined necessary by the association; or (B) six months. Added by Acts 2025, 89th Leg., R.S., Ch. 895 (H.B. 3689 ), Sec. 1.15, eff. September 1, 2025.

Source: official Texas text · Last verified 2026-08-27

Related Texas Legal Topics

Frequently Asked Questions About Texas § IN.2210.6325

What does The Texas Constitution § IN.2210.6325 cover?

Section IN.2210.6325 ("REQUEST TO ENTER INTO FINANCING ARRANGEMENT") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § IN.2210.6325?

A common citation format is "The Texas Constitution § IN.2210.6325" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § IN.2210.6325 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.