Texas § WA.15.207 - CONSIDERATIONS IN PASSING ON APPLICATION
Full text of Texas The Texas Constitution § WA.15.207 — CONSIDERATIONS IN PASSING ON APPLICATION, with citation guidance and answers to common questions.
§ WA.15.207. CONSIDERATIONS IN PASSING ON APPLICATION
CONSIDERATIONS IN PASSING ON APPLICATION. In addition to criteria established in its rules, the board in passing on an application shall consider: (1) the purpose or purposes for which the issuer is issuing the bonds; (2) the financial ability of the issuer to meet its obligations under the bonds; (3) the risk to the State of Texas in insuring the bonds and the ability of the state to pay the insurance coverage; and (4) the needs of the area to be served by the project and the benefit of the project to the area in relation to the needs of other areas requiring similar state assistance and the benefits of those projects to other areas. Added by Acts 1985, 69th Leg., ch. 133, Sec. 2.05.
Frequently Asked Questions About Texas § WA.15.207
What does The Texas Constitution § WA.15.207 cover?
Section WA.15.207 ("CONSIDERATIONS IN PASSING ON APPLICATION") 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 § WA.15.207?
A common citation format is "The Texas Constitution § WA.15.207" (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 § WA.15.207 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.