{"data":{"id":"us-tx/tex.-government-code-1203.041","jurisdiction":"us-tx","citation":"Tex. Government Code § 1203.041","heading":"CONVERSION OF PUBLIC SECURITY.","body":"(a) This section applies to a public security only if the public security authorization relating to the security:\n(1) provides for conversion of the security; and\n(2) names the comptroller as registrar.\n(b) A public security that is issued with one or more coupons becomes fully registrable if:\n(1) the security is presented to the comptroller; and\n(2) the comptroller removes each coupon.\n(c) A public security that is issued as a fully registrable security becomes a security with one or more coupons if:\n(1) the security is presented to the comptroller; and\n(2) the comptroller attaches an unmatured coupon or coupons to the security.\n(d) Attachment and removal of a coupon or coupons may occur successively from time to time.\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 1203. REGISTRAR FOR PUBLIC SECURITY","SUBCHAPTER C. CONVERSION OR EXCHANGE OF PUBLIC SECURITY"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1203.htm#1203.041","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"699f46520048d3e9a7de4b939586f670e9c56bcacd6b00a23b98f1309c8badca","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1203.026","next":"us-tx/tex.-government-code-1203.042"},"notice":"GroundRules: Original legal text. Not legal advice."}