§ 1201.041 Public Security as Negotiable Instrument and Investment Security
§ 1201.042 Use of Certain Proceeds
§ 1201.043 Use of Investment Income
§ 1201.044 Pledge or Lien On Resources, Assets, or Fund of Issuer
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Terms Used In Texas Government Code Chapter 1201 > Subchapter C - Financial Aspects of Public Security

  • Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Fiduciary: A trustee, executor, or administrator.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Trustee: A person or institution holding and administering property in trust.
  • Year: means 12 consecutive months. See Texas Government Code 311.005