BONDS AS SECURITIES.

Tex. HEALTH & SAFETY Code § 223.036.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
(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. Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

Starting a business in Texas? Texas LLC guide: costs and requirements