Texas § GV.1201.021 - CHARACTERISTICS OF PUBLIC SECURITY

Full text of Texas The Texas Constitution § GV.1201.021 — CHARACTERISTICS OF PUBLIC SECURITY, with citation guidance and answers to common questions.

§ GV.1201.021. CHARACTERISTICS OF PUBLIC SECURITY

CHARACTERISTICS OF PUBLIC SECURITY. A public security may: (1) be issued in any denomination; (2) bear no interest or bear interest at one or more specified rates; (3) be issued with one or more interest coupons or without a coupon; (4) be issued as redeemable before maturity at one or more specified times; and (5) be payable: (A) at one or more times; (B) in installments or a specified amount or amounts; (C) at a specified place or places; (D) under specified terms; and (E) in a specified form or manner. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § GV.1201.021

What does The Texas Constitution § GV.1201.021 cover?

Section GV.1201.021 ("CHARACTERISTICS OF PUBLIC SECURITY") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § GV.1201.021?

A common citation format is "The Texas Constitution § GV.1201.021" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § GV.1201.021 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.