Sec. 2310.108. DENIAL OF APPLICATION; NOTICE. (a) The bank may deny an application for the designation of a readjustment zone only if the bank determines that the nominated area does not satisfy the criteria under Section 2310.101.
(b) The bank shall inform the nominating body of the specific reasons for denial of an application, including denial under Section 2310.107(e).
Added by Acts 1997, 75th Leg., ch. 114, Sec. 1, eff. May 19, 1997. Amended by Acts 2003, 78th Leg., ch. 814, Sec. 3.36, eff. Sept. 1, 2003.
Structure Texas Statutes
Subtitle G - Economic Development Programs Involving Both State and Local Governments
Chapter 2310 - Defense Economic Readjustment Zone
Subchapter C. Designation of Readjustment Zone
Section 2310.101. Criteria for Readjustment Zone Designation
Section 2310.102. Adversely Affected Defense-Dependent Community
Section 2310.103. Nomination of Readjustment Zone
Section 2310.104. Nominating Ordinance or Order
Section 2310.105. Application for Designation
Section 2310.106. Review of Application
Section 2310.107. Designation Agreement
Section 2310.108. Denial of Application; Notice
Section 2310.109. Period of Designation