{"data":{"id":"us-tx/tex.-government-code-1201.041","jurisdiction":"us-tx","citation":"Tex. Government Code § 1201.041","heading":"PUBLIC SECURITY AS NEGOTIABLE INSTRUMENT AND INVESTMENT SECURITY.","body":"A public security is:\n(1) a negotiable instrument;\n(2) an investment security to which Chapter 8, Business \u0026 Commerce Code, applies; and\n(3) a legal and authorized investment for:\n(A) an insurance company;\n(B) a fiduciary or trustee; or\n(C) a sinking fund of a municipality or other political subdivision or public agency of this state.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.","path":["GOVERNMENT CODE","TITLE 9. PUBLIC SECURITIES","SUBTITLE A. GENERAL PROVISIONS","CHAPTER 1201. PUBLIC SECURITY PROCEDURES ACT","SUBCHAPTER C. FINANCIAL ASPECTS OF PUBLIC SECURITY"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1201.htm#1201.041","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"02f5325f6aa0bebf1a9e532ba1b3d839df2b5936177a7bbaffd9035660ffcb26","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1201.029","next":"us-tx/tex.-government-code-1201.042"},"notice":"GroundRules: Original legal text. Not legal advice."}