1201.022 – TERMS OF ISSUANCE. (a) A public security may
Texas Government Code § 1201.022
Summary
This law outlines the terms under which public securities can be issued, including payment methods and sale conditions. It affects issuers of public securities, such as governmental entities, by providing flexibility in how these securities are structured and sold.
Public securities can be issued singly or in series.
Payments can be made to various parties, including bearers and registered persons.
Securities may be sold publicly or privately, based on issuer's discretion.
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In simple terms: Learn about Texas's TERMS OF ISSUANCE. (a) A public security may law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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