Texas § 1201.041 PUBLIC SECURITY AS NEGOTIABLE INSTRUMENT AND INVESTMENT SECURITY.

Texas Statutes

§ 1201.041 — PUBLIC SECURITY AS NEGOTIABLE INSTRUMENT AND INVESTMENT SECURITY.

Texas § 1201.041

Code GVGovernment Code

This text of Texas § 1201.041 (PUBLIC SECURITY AS NEGOTIABLE INSTRUMENT AND INVESTMENT SECURITY.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Government Code Code Ann. § 1201.041 (2026).

Text

Sec. 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.

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Sec. 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.