{"data":{"id":"us-tx/tex.-government-code-1206.023","jurisdiction":"us-tx","citation":"Tex. Government Code § 1206.023","heading":"EXCEPTION TO APPROVAL REQUIREMENT.","body":"(a) If the duty to replace a public security or interest coupon is imposed on a corporate trustee under a trust agreement or indenture or on a paying agent for the public security, the attorney general is not required to approve and the comptroller is not required to register:\n(1) the replacement public security or interest coupon; or\n(2) the public security delivered on exchange of the previously issued public security.\n(b) A replacement public security or interest coupon is valid and incontestable in the same manner and with the same effect as the previously issued public security.\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 1206. REPLACEMENT FOR DAMAGED, DESTROYED, LOST, OR STOLEN PUBLIC SECURITIES","SUBCHAPTER B. REPLACEMENT PROCEDURES AS PRESCRIBED IN ORIGINAL PUBLIC SECURITY AUTHORIZATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1206.htm#1206.023","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"154f1164edf27de8d7f8cc64d312cbf2d97bc6659dc699de144e9cb2022c9339","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1206.022","next":"us-tx/tex.-government-code-1207.001"},"notice":"GroundRules: Original legal text. Not legal advice."}