1203.041 – CONVERSION OF PUBLIC SECURITY. (a) This
Texas Government Code § 1203.041
Summary
This law outlines the process for converting certain public securities into fully registrable forms. It specifically applies to securities authorized for conversion that name the comptroller as registrar, impacting issuers and holders of such securities.
Applies to public securities with conversion authorization.
Requires presentation to the comptroller for conversion.
Coupons must be removed for full registration.
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In simple terms: Learn about Texas's CONVERSION OF PUBLIC SECURITY. (a) This 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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