Tex. Health & Safety Code § 223.036

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 223.036 - Bonds As Securities

(a) Bonds issued under this chapter and any interest coupons are investment securities under Chapter 8, Business & Commerce Code, and are exempt securities under The Securities Act (Title 12, Government Code) .

(b) A lease agreement, sales agreement, or other contract under this chapter is not a security under The Securities Act.

Tex. Health and Safety Code § 223.036

Amended by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. TBD,Sec. 2.29, eff. 1/1/2022.

Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. 9/1/1989.