(a) Disbursement of funds shall not occur until the Applicant has paid all financial obligations incurred to the State of Texas, and the Office of the Governor has completed and approved a final compliance review.
(b) In the event of unpaid financial obligations to the State of Texas, the Office of the Governor shall determine whether or not to withhold grant disbursement, pending resolution of the unpaid financial obligation.

Source Note: The provisions of this §121.12 adopted to be effective March 10, 2008, 33 TexReg 2019; amended to be effective November 22, 2009, 34 TexReg 8029; amended to be effective August 28, 2011, 36 TexReg 5201; amended to be effective September 5, 2013, 38 TexReg 5714; amended to be effective March 27, 2017, 42 TexReg 1399; amended to be effective May 21, 2023, 48 TexReg 2484