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Tex. Utilities Code § 161.063

EXEMPTION FROM APPLICATION OF SECURITIES ACT

Texas · Texas Utilities Code · Status: effective

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Tex. Utilities Code § 161.063, EXEMPTION FROM APPLICATION OF SECURITIES ACT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/577930
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The Securities Act (Title 12, Government Code) does not apply to: (1) an obligation issued to secure a debt of an electric cooperative to the United States; or (2) the issuance of a membership certificate by an electric cooperative.