1201.062 – CHANGE OR CONVERSION OF PUBLIC SECURITY. If a
Texas Government Code § 1201.062
Summary
This law allows for the change or conversion of public securities without needing an additional resolution or ordinance, provided the original authorization includes such a procedure. It simplifies the process for entities managing public securities.
Allows changes to public securities without extra resolutions.
Applies only if the original authorization permits conversion.
Streamlines procedures for public entities managing securities.
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In simple terms: Learn about Texas's CHANGE OR CONVERSION OF PUBLIC SECURITY. If a 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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