Sec. 1201.023. UNCERTIFICATED BOOK-ENTRY ISSUANCE. (a) The governing body of an issuer may provide for a book-entry record of ownership of a public security issued by the issuer. A public security may be issued in uncertificated book-entry form.
(b) The record of ownership of a public security issued in uncertificated book-entry form may be kept by the issuer or an agent of the issuer.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Section: Previous 1201.001 1201.002 1201.003 1201.004 1201.005 1201.021 1201.022 1201.023 1201.024 1201.0245 1201.025 1201.026 1201.027 1201.028 1201.029 NextLast modified: September 28, 2016