Texas § GV.1372.036 - RESERVATIONS FROM PORTION OF STATE CEILING SUBSEQUENTLY BECOMING AVAILABLE
Full text of Texas The Texas Constitution § GV.1372.036 — RESERVATIONS FROM PORTION OF STATE CEILING SUBSEQUENTLY BECOMING AVAILABLE, with citation guidance and answers to common questions.
§ GV.1372.036. RESERVATIONS FROM PORTION OF STATE CEILING SUBSEQUENTLY BECOMING AVAILABLE
RESERVATIONS FROM PORTION OF STATE CEILING SUBSEQUENTLY BECOMING AVAILABLE. (a) If, before June 1, any portion of the state ceiling in a category described by Section 1372.022 (a) from which issuers were granted reservations becomes available in that category: (1) those amounts of the state ceiling shall be aggregated; and (2) the board shall grant reservations from that category on June 1. (b) Beginning June 1, partial reservations may be offered once to each applicant in each category described by Section 1372.022 (a) until an applicant in the category accepts the partial reservation or until additional volume is returned in an amount sufficient to grant a full reservation. (c) After January 1, the board may grant a reservation to an issuer if the amount of state ceiling available in a category is greater than the amount of state ceiling applied for in that category. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999. Amended by Acts 2003, 78th Leg., ch. 969, Sec. 6, eff. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 1329, Sec. 12, eff. Sept. 1, 2003.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § GV.1372.036
What does The Texas Constitution § GV.1372.036 cover?
Section GV.1372.036 ("RESERVATIONS FROM PORTION OF STATE CEILING SUBSEQUENTLY BECOMING AVAILABLE") 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.1372.036?
A common citation format is "The Texas Constitution § GV.1372.036" (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.1372.036 apply to my situation?
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Sources & Verification
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