(a) The VSC chair and a member of the PI committee or a designee from the VSC who is not an employee must be designated as co-signers on the dedicated construction account.
(b) If conditions warrant, the commissioner or designee may require that the dedicated construction account be established with a third-party escrow agent.

Source Note: The provisions of this §901.112 adopted to be effective April 27, 2003, 28 TexReg 3352; transferred effective September 1, 2004, as published in the Texas Register September 10, 2004, 29 TexReg 8841; transferred effective July 31, 2024, as published in the July 5, 2024, issue of the Texas Register, 49 TexReg 4931