Tex. Health & Safety Code § 223.036 · Subchapter C. HOSPITAL PROJECT BONDS
BONDS AS SECURITIES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(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.
Notes and commentary — not statutory text
History
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 2.29, eff. January 1, 2022.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/HS/htm/HS.223.htm
- Text hash
- sha256 371a2e1521c430a4035d91e50b0b6dfa872fba6f42eeaaa7debdf01d46af45c5
- 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
This section cites
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