34 Tex. Admin. Code § 181.5 - Submission of Final Report
(a) Within 60
days after the delivery of the state securities and receipt of the state
security proceeds, the issuer shall submit one electronic copy or one original
of a final report in the form required by the bond finance office.
(1) For state securities issued in the form
of lease purchases, the reporting requirements of subsection (b) of this
section shall be applicable.
(2)
For state securities issued in the form of commercial paper notes, the
reporting requirements of subsection (c) of this section shall be
applicable.
(3) A final report for
state securities, other than lease-purchases and commercial paper, must
include, but is not limited to:
(A) all actual
costs of issuance as well as the underwriting spread for competitive
financings, the private placement fee for private placements, all closing
costs, and any other costs incurred during the issuance process;
(B) a complete bond transcript, including the
preliminary official statement and the final official statement, private
placement memorandum, if applicable, or any other offering documents as well as
all other executed documents pertaining to the issuance of the state
security.
(4) Issuers of
state securities that have entered into interest rate management agreements
relating to the securities shall provide to the bond finance office in
electronic form, as applicable, a copy of all schedules to the Master Agreement
and/or the Credit Support Annex including transaction confirmations.
(b) Within 90 days after the
signing of a lease purchase, the purchaser shall submit an original or
electronic copy of the lease purchase final report to the bond finance office.
A final report for lease purchases must include a detailed explanation of the
terms of the lease-purchase agreement, including but not limited to, amount of
purchase, trade-in allowance, interest charges, service contracts, remaining
draw amount if applicable, and a final or estimated amortization as
applicable.
(c) In lieu of the
reporting requirements of subsection (a) of this section, an issuer of state
securities issued in the form of commercial paper notes shall submit a report
to the bond finance office pursuant to §
181.10(c) of
this title (relating to State Debt Issuer Reports) so long as the issuer has
authority to issue commercial paper under the program proceedings approved by
the Board or exempt from approval pursuant to §
181.9 of this title (relating to
State Exemptions).
Notes
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