{"data":{"id":"us-tx/tex.-health-and-safety-code-223.036","jurisdiction":"us-tx","citation":"Tex. Health and Safety Code § 223.036","heading":"BONDS AS SECURITIES.","body":"(a) Bonds issued under this chapter and any interest coupons are investment securities under Chapter 8, Business \u0026 Commerce Code, and are exempt securities under The Securities Act (Title 12, Government Code).\n(b) A lease agreement, sales agreement, or other contract under this chapter is not a security under The Securities Act.\nActs 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.\nAmended by:\nActs 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 2.29, eff. January 1, 2022.","path":["HEALTH AND SAFETY CODE","TITLE 4. HEALTH FACILITIES","SUBTITLE A. FINANCING, CONSTRUCTING, REGULATING, AND INSPECTING HEALTH FACILITIES","CHAPTER 223. HOSPITAL PROJECT FINANCING ACT","SUBCHAPTER C. HOSPITAL PROJECT BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/HS/htm/HS.223.htm#223.036","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:17Z","sha256":"40bd0f3f6daa738a82a9593519424dab8e9b70e369c6bb8f68bbaedecbb7a4da","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-health-and-safety-code-223.035","next":"us-tx/tex.-health-and-safety-code-223.037"},"notice":"GroundRules: Original legal text. Not legal advice."}