Sec. 1231.043. APPROVAL OF ISSUANCE. The board shall approve the issuance of a state security if, after examining the application and documents or items of information required by the board, the board determines that the issuance is advisable.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle B - Provisions Applicable to Securities Issued by State Government
Chapter 1231 - Bond Review Board
Subchapter C. Board Approval of Issuance of State Security
Section 1231.041. Approval of State Security
Section 1231.042. Application for Approval of Issuance of State Security
Section 1231.043. Approval of Issuance
Section 1231.044. State Auditor Review of State Security Proceeds; Report