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Current as of January 01, 2024 | Updated by Findlaw Staff
In this chapter:
(1) “Issuer” means:
(A) an agency, authority, board, body politic, department, district, instrumentality, municipal corporation, political subdivision, public corporation, or subdivision of this state; or
(B) a nonprofit corporation acting for or on behalf of an entity described by Paragraph (A).
(2) “Public security” means an instrument, including a bond, certificate, note, or other type of obligation authorized to be issued by an issuer under a statute, a municipal home-rule charter, or the constitution of this state.
(3) “Public security authorization” means a resolution, order, or ordinance that is approved or adopted, or any other action taken in a proceeding, by the governing body of an issuer in authorizing the issuance of a public security.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 1201.002. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-1201-002/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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