Bonds Are Securities

Tex. Transportation Code § 284.039, under Chapter 284.

Tex. Transportation Code § 284.039

Sec. 284.039. BONDS ARE SECURITIES. The bonds issued and delivered under this chapter and interest coupons on the bonds are a security under Chapter 8, Business & Commerce Code. Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.