Tex. Fin. Code Section 155.005
Exchange of Deposit

(a)

On request, the comptroller may allow a bond investment company that has made a deposit under this chapter to alter the composition of the deposit by exchanging cash for securities or securities for cash.

(b)

Securities deposited under this section must be approved by the comptroller on the written advice of the attorney general.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Source: Section 155.005 — Exchange of Deposit, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­155.­htm#155.­005 (accessed May 26, 2025).

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Verified:
May 26, 2025

§ 155.005. Exch. of Deposit's source at texas​.gov