REGISTRATION OF NEW PUBLIC SECURITY BY COMPTROLLER
Known as the Public Security Procedures Act
The act spans §§ 1201.001 to 1201.067 (26 sections).
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff
(a) The comptroller shall register and deliver a new public security after:
(1) approval of the new public security by the attorney general; and
(2) the surrender to and the cancellation by the comptroller of each changed or converted public security.
(b) On registration the new public security is valid and incontestable for all purposes.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.