Section 201.3 - [Effective until 2/3/2025] Participation Agreement(a) A CDFI seeking to participate in the Program must enter a Participation Agreement with the Office.(b) The Office shall make the Participation Agreement available through the Program website.(c) Before entering the Participation Agreement, the Applicant must provide the Office: (1) the Applicant's official name and primary business address, including the county;(2) the Applicant's federal tax identification and Comptroller of Public Accounts numbers;(3) documents from the Texas Secretary of State demonstrating the Applicant's authority to do business in Texas;(4) a letter from the Texas Comptroller of Public Accounts confirming the Applicant is in good standing;(5) an incumbency certificate from the Applicant; and(6) the Applicant's audited financial statements from the past three years.(d) Upon request, an Applicant must provide to the Office any additional information the Office determines is necessary.(e) The Applicant must identify all information it submits to the Office that the Applicant considers to be confidential or proprietary.(f) The Office may decline to enter into a Participation Agreement if an Applicant fails to provide the additional information requested under this Section.(g) The Office shall determine the Applicant's eligibility to participate in the Program based on the information submitted under subsection (c) of this section and any other information the Office determines is necessary and requests pursuant to subsection (d) of this section. The Office has no obligation to enter into a Participation Agreement with an Applicant.10 Tex. Admin. Code § 201.3
Adopted by Texas Register, Volume 49, Number 42, October 18, 2024, TexReg 8441, eff. 10/7/2024, exp. 2/3/2025 (Emergency)