Sec. 7. (a) An application for a grant, loan, or other financial assistance from the water infrastructure assistance fund must be accompanied by all papers and opinions required by the authority. (b) The authority may require that an application for a loan or other financial assistance from the water infrastructure assistance fund be accompanied by the following: (1) A certification and guarantee of signatures. (2) A certification that, as of the date of the loan or other financial assistance, no litigation is pending challenging the validity of or entry into: (A) the grant, loan, or other financial assistance; or (B) any security for the loan or other financial assistance. (3) Any other certifications, agreements, security, or requirements that the authority requests. (4) An approving opinion of nationally recognized bond counsel.
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