Tex. Gov't Code § 1201.023

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

Section 1201.023 - Uncertificated Book-Entry Issuance

(a) The governing body of an issuer may provide for a book-entry record of ownership of a public security issued by the issuer. A public security may be issued in uncertificated book-entry form.

(b) The record of ownership of a public security issued in uncertificated book-entry form may be kept by the issuer or an agent of the issuer.

Tex. Gov't. Code § 1201.023

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. 9/1/1999.