Texas Laws - Government Code

Sec. 1205.001. DEFINITIONS. (74713)(1-click HTML)

In this chapter: (74714)

(1) "Issuer" means an agency, authority, board, body politic, commission, department, district, instrumentality, municipality or other political subdivision, or public corporation of this state. The term includes a state-supported institution of higher education and any other type of political or governmental entity of this state. (74715)

(2) "Public security" means an interest-bearing obligation, including a bond, bond anticipation note, certificate, note, warrant, or other evidence of indebtedness, regardless of whether the obligation is: (74716)

(A) general or special; (74717)

(B) negotiable; (74718)

(C) in bearer or registered form; (74719)

(D) in temporary or permanent form; (74720)

(E) issued with interest coupons; or (74721)

(F) to be repaid from taxes, revenue, both taxes and revenue, or in another manner. (74722)

(3) "Public security authorization" means an action or proceeding by an issuer taken, made, or proposed to be taken or made in connection with or affecting a public security. (74723)

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999. (74724)


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