(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.     
     Source Note:        The provisions of this §460.7 adopted to be effective June 8, 2011, 36 TexReg 3508