Section 460.7 - Determination of Financial Stability(a) An applicant must show financial stability in order to be eligible for a grant award. Criteria for the determination of financial stability are specified in the grant application.(b) A grant application submitted with insufficient financial data to make a determination of financial stability, as specified in the grant application instructions, shall not be considered for funding.(c) This section does not apply to counties or municipalities.40 Tex. Admin. Code § 460.7
The provisions of this §460.7 adopted to be effective June 8, 2011, 36 TexReg 3508