Tex. Gov't Code § 1201.041

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

Section 1201.041 - Public Security As Negotiable Instrument and Investment Security

A public security is:

(1) a negotiable instrument;

(2) an investment security to which Chapter 8, Business & Commerce Code, applies; and

(3) a legal and authorized investment for:

(A) an insurance company;

(B) a fiduciary or trustee; or

(C) a sinking fund of a municipality or other political subdivision or public agency of this state.

Tex. Gov't. Code § 1201.041

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