Sec. 134.071. TERM. (a) A permit is issued for a term not to exceed five years.
(b) The commission may grant a permit for a specified longer term if:
(1) an applicant demonstrates that a specified longer term is reasonably needed to allow the applicant to obtain necessary financing for equipment or the opening of the operation; and
(2) the application for the specified longer term is complete.
Added by Acts 1995, 74th Leg., ch. 76, Sec. 12.02(a), eff. Sept. 1, 1995.
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