Tex. Gov't Code § 1231.083 · Subchapter E. SECURITY TRANSACTION REPORTS
REPORT OF STATE SECURITY SOLD THROUGH NEGOTIATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A report concerning a state security sold through negotiation must state:
(1) the components of the spread, including:
(A) management fee;
(B) structuring fee;
(C) underwriting risk;
(D) takedown; and
(E) spread expenses;
(2) each firm's share of underwriting risk;
(3) the underwriter's counsel;
(4) a summary of obligation orders and allotments by maturity, firm, and order type; and
(5) each syndicate firm's share of management fee, structuring fee, underwriting risk fee, and takedown.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1231.htm
- Text hash
- sha256 13e47014d53b367878b0fcbd48824ea7a494f00dd0e5b92e7d870102798731dc
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.