1 Tex. Admin. Code § 3.2515 - Bonding

Each nonprofit corporation receiving funds from the OOG must obtain and have on file a blanket fidelity bond that indemnifies the OOG against the loss and theft of the entire amount of grant funds. The cost of the bond is an eligible expense of the grant.

Notes

1 Tex. Admin. Code § 3.2515
The provisions of this §3.2515 adopted to be effective February 24, 2000, 25 TexReg 1297; Amended to be effective July 16, 2000, 25 TexReg 6485; Amended to be effective December 16, 2002, 27 TexReg 11729; Amended to be effective June 9, 2004, 29 TexReg 5575; Amended by Texas Register, Volume 46, Number 17, April 23, 2021, TexReg 2713, eff. 4/27/2021

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