Texas § GV.1372.035 - GRANTING OF RESERVATIONS
Full text of Texas The Texas Constitution § GV.1372.035 — GRANTING OF RESERVATIONS, with citation guidance and answers to common questions.
§ GV.1372.035. GRANTING OF RESERVATIONS
GRANTING OF RESERVATIONS; ORDER. (a) The board may not grant a reservation of a portion of the state ceiling for a program year before January 2 or after November 15 of that year. (b) Except as provided by Sections 1372.031-1372.033 and Subsection (c), the board shall grant reservations in the order in which the applications for those reservations are received, regardless of the amounts of the related bond issues. (c) If, with respect to an application, an issuer receives a carryforward designation under Section 1372.061 (b), the board shall grant a reservation with respect to the issuer's next available application on the earlier of the following: (1) the date of receipt of notice from the issuer that the application for which the issuer received the carryforward designation is being withdrawn; or (2) if the amount of the carryforward is sufficient to satisfy fully the issuer's next available application, the date of expiration of the period specified by Section 1372.042 (a-1). Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999. Amended by: Acts 2007, 80th Leg., R.S., Ch. 1108 (H.B. 3552 ), Sec. 10, eff. September 1, 2007. Acts 2009, 81st Leg., R.S., Ch. 1416 (S.B. 2064 ), Sec. 11, eff. June 19, 2009.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § GV.1372.035
What does The Texas Constitution § GV.1372.035 cover?
Section GV.1372.035 ("GRANTING OF RESERVATIONS") 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 § GV.1372.035?
A common citation format is "The Texas Constitution § GV.1372.035" (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 § GV.1372.035 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.