An obligation is:
(1) a negotiable instrument; and
(2) an investment security to which Chapter 8, Business & Commerce Code, applies.
Tex. Gov't Code § 1371.101
OBLIGATION AS NEGOTIABLE INSTRUMENT AND INVESTMENT SECURITY
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.