Texas § GV.2257.048 - ATTACHMENT AND PERFECTION OF SECURITY INTEREST

Full text of Texas The Texas Constitution § GV.2257.048 — ATTACHMENT AND PERFECTION OF SECURITY INTEREST, with citation guidance and answers to common questions.

§ GV.2257.048. ATTACHMENT AND PERFECTION OF SECURITY INTEREST

ATTACHMENT AND PERFECTION OF SECURITY INTEREST. (a) A security interest that arises out of a depository's pledge of a security to secure a deposit of public funds by a public entity or an institution of higher education, as defined by Section 61.003 , Education Code, is created, attaches, and is perfected for all purposes under state law from the time that the custodian identifies the pledge of the security on the custodian's books and records and issues the trust receipt. (b) A security interest in a pledged security remains perfected in the hands of a subsequent custodian or permitted institution. Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993. SUBCHAPTER D. AUDITS AND EXAMINATIONS; PENALTIES

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

Frequently Asked Questions About Texas § GV.2257.048

What does The Texas Constitution § GV.2257.048 cover?

Section GV.2257.048 ("ATTACHMENT AND PERFECTION OF SECURITY INTEREST") 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.2257.048?

A common citation format is "The Texas Constitution § GV.2257.048" (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.2257.048 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.