Texas § GV.4001.068 - SECURITY
Full text of Texas The Texas Constitution § GV.4001.068 — SECURITY, with citation guidance and answers to common questions.
§ GV.4001.068. SECURITY
SECURITY. (a) The term "security": (1) includes: (A) a limited partner interest in a limited partnership; (B) a share; (C) a stock; (D) a treasury stock; (E) a stock certificate under a voting trust agreement; (F) a collateral trust certificate; (G) an equipment trust certificate; (H) a preorganization certificate or receipt; (I) a subscription or reorganization certificate; (J) a note, bond, debenture, mortgage certificate, or other evidence of indebtedness; (K) any form of commercial paper; (L) a certificate in or under a profit sharing or participation agreement; (M) a certificate or instrument representing an interest in or under an oil, gas, or mining lease, fee, or title; (N) a certificate or instrument representing or secured by an interest in any of the capital, property, assets, profits, or earnings of a company; (O) an investment contract; and (P) any other instrument commonly known as a security, regardless of whether the instrument is similar to another instrument listed in this subsection; and (2) applies regardless of whether the security is evidenced by a written instrument. (b) "Security" does not include an insurance policy, endowment policy, annuity contract, or optional annuity contract, or any contract or agreement in relation to and in consequence of any such policy or contract, issued by an insurance company subject to the supervision or control of the Texas Department of Insurance when the form of such policy or contract has been filed with the department as required by law. Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171 ), Sec. 1.01, eff. January 1, 2022. SUBCHAPTER C. GENERAL ADMINISTRATIVE PROVISIONS
Frequently Asked Questions About Texas § GV.4001.068
What does The Texas Constitution § GV.4001.068 cover?
Section GV.4001.068 ("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.4001.068?
A common citation format is "The Texas Constitution § GV.4001.068" (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.4001.068 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.