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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Government Code § 2256.054: DELIVERY OF SECURITIES PURCHASED BY STATE.

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Where this section sits in the code
  1. GOVERNMENT CODE
  2. TITLE 10. GENERAL GOVERNMENT
  3. SUBTITLE F. STATE AND LOCAL CONTRACTS AND FUND MANAGEMENT
  4. CHAPTER 2256. PUBLIC FUNDS INVESTMENT
  5. SUBCHAPTER B. MISCELLANEOUS PROVISIONS

A security purchased under this chapter may be delivered to the comptroller, a bank, or the board or agency investing its funds. The delivery shall be made under normal and recognized practices in the securities and banking industries, including the book entry procedure of the Federal Reserve Bank.

Added by Acts 1993, 73rd Leg., R.S., Ch. 268 (S.B. 248), Sec. 1, eff. September 1, 1993.

Amended by:

Acts 1995, 74th Leg., ch. 402, Sec. 1, eff. Sept. 1, 1995.

Acts 1997, 75th Leg., ch. 1423, Sec. 8.68, eff. Sept. 1, 1997.

Collected 2026-08-27T01:47:16Z. Source file · JSON

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