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Tex. Health and Safety Code § 223.036

BONDS AS SECURITIES

Texas · Texas Health and Safety Code · Status: effective

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Tex. Health and Safety Code § 223.036, BONDS AS SECURITIES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/669188
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(a) Bonds issued under this chapter and any interest coupons are investment securities under Chapter 8, Business & Commerce Code, and are exempt securities under The Securities Act (Title 12, Government Code). (b) A lease agreement, sales agreement, or other contract under this chapter is not a security under The Securities Act.