Texas § 1231.081 GENERAL REQUIREMENTS.

Texas Statutes

§ 1231.081 — GENERAL REQUIREMENTS.

Texas § 1231.081

Code GVGovernment Code

This text of Texas § 1231.081 (GENERAL REQUIREMENTS.) 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. § 1231.081 (2026).

Text

Sec. 1231.081. GENERAL REQUIREMENTS.

(a)Each entity that issues a state security shall report to the board its security transactions.

(b)A report must:

(1)be itemized;

(2)state in dollars the information required by Subsection (c) or Sections 1231.082-1231.085 for money paid to each business and classify each of the businesses that money was paid to according to:

(A)the race, ethnicity, and gender of the controlling ownership of each business; and

(B)whether the business is domestic or foreign; and

(3)be made in compliance with board rule.

(c)For any security transaction, the report must state each issuance cost, including the cost of:

(1)bond counsel;

(2)financial advisor;

(3)rating agencies;

(4)official statement preparation;

(5)official statement printing;

(6)bond printing

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Sec. 1231.081. GENERAL REQUIREMENTS. (a) Each entity that issues a state security shall report to the board its security transactions.
(b) A report must:
(1) be itemized;
(2) state in dollars the information required by Subsection (c) or Sections 1231.082-1231.085 for money paid to each business and classify each of the businesses that money was paid to according to:
(A) the race, ethnicity, and gender of the controlling ownership of each business; and
(B) whether the business is domestic or foreign; and
(3) be made in compliance with board rule.
(c) For any security transaction, the report must state each issuance cost, including the cost of:
(1) bond counsel;
(2) financial advisor;
(3) rating agencies;
(4) official statement preparation;
(5) official statement printing;
(6) bond printing;
(7) paying agent or registrar;
(8) escrow agent;
(9) escrow verification agent;
(10) trustee;
(11) attorney general;
(12) dealer fee;
(13) remarketing fee; and
(14) credit enhancement.