Texas § GV.1205.152 - STATEMENT ON VALIDATED PUBLIC SECURITY
Full text of Texas The Texas Constitution § GV.1205.152 — STATEMENT ON VALIDATED PUBLIC SECURITY, with citation guidance and answers to common questions.
§ GV.1205.152. STATEMENT ON VALIDATED PUBLIC SECURITY
STATEMENT ON VALIDATED PUBLIC SECURITY. (a) The issuer of a public security validated under this chapter may have written on the public security the following certificate: "This obligation was validated and confirmed by a judgment entered ______________ (date when the judgment was entered; the court entering the judgment; and the style and number of the declaratory judgment action), which perpetually enjoins the commencement of any suit, action, or proceeding involving the validity of this obligation, or the provision made for the payment of the principal and interest of the obligation." (b) The clerk, secretary, or other official of the issuer may sign the certificate. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Frequently Asked Questions About Texas § GV.1205.152
What does The Texas Constitution § GV.1205.152 cover?
Section GV.1205.152 ("STATEMENT ON VALIDATED 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.1205.152?
A common citation format is "The Texas Constitution § GV.1205.152" (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.1205.152 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.