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Current as of January 01, 2024 | Updated by Findlaw Staff
In this chapter:
(1) “Issuer” means an agency, authority, board, body politic, commission, department, district, instrumentality, municipality or other political subdivision, or public corporation of this state. The term includes a state-supported institution of higher education and any other type of political or governmental entity of this state.
(2) “Public security” means an interest-bearing obligation, including a bond, bond anticipation note, certificate, note, warrant, or other evidence of indebtedness, regardless of whether the obligation is:
(A) general or special;
(B) negotiable;
(C) in bearer or registered form;
(D) in temporary or permanent form;
(E) issued with interest coupons; or
(F) to be repaid from taxes, revenue, both taxes and revenue, or in another manner.
(3) “Public security authorization” means an action or proceeding by an issuer taken, made, or proposed to be taken or made in connection with or affecting a public security.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 1205.001. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-1205-001/
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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