Texas Statutes

§ 223.036 — BONDS AS SECURITIES.

Texas § 223.036
JurisdictionTexas
Code HSHealth and Safety Code

This text of Texas § 223.036 (BONDS AS SECURITIES.) 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. Health and Safety Code Code Ann. § 223.036 (2026).

Text

Sec. 223.036. BONDS AS SECURITIES.

(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.

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Legislative History

Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989. Amended by: Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171 ), Sec. 2.29, eff. January 1, 2022.

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Bluebook (online)
Texas § 223.036, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/HS/223.036.