{"data":{"id":"us-tx/tex.-finance-code-155.005","jurisdiction":"us-tx","citation":"Tex. Finance Code § 155.005","heading":"EXCHANGE OF DEPOSIT.","body":"(a) On request, the comptroller may allow a bond investment company that has made a deposit under this chapter to alter the composition of the deposit by exchanging cash for securities or securities for cash.\n(b) Securities deposited under this section must be approved by the comptroller on the written advice of the attorney general.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE E. OTHER FINANCIAL BUSINESSES","CHAPTER 155. BOND INVESTMENT COMPANIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.155.htm#155.005","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"371808c762e387aa5c6a852e43f2e002943bccb6e7233916ad09317aae3b6f54","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-155.004","next":"us-tx/tex.-finance-code-155.006"},"notice":"GroundRules: Original legal text. Not legal advice."}
