SECTION 53.1. Application

(a) General Application. This subchapter applies to all proposed public securities and records of proceedings submitted by issuers, other than nonprofit corporations and other conduit issuers, to the Office of the Attorney General for review, as required by Chapter 1202 of the Government Code or other applicable state law.

(b) Application to Nonprofit Corporations and Other Conduit Issuers. Sections 53.2, 53.9, 53.16 - 53.19, 53.21, and 53.22 of this subchapter shall apply to proposed public securities and records of proceedings submitted by nonprofit corporations and other conduit issuers to the Office of the Attorney General for review. Additional requirements for proposed public securities to be issued by nonprofit corporations and other conduit issuers are contained in subchapters L through P of this chapter.

(c) Additional Requirements. Additional subchapters may apply to transcripts submitted to the Office of the Attorney General depending on the type of public securities and the type of issuer.

(d) Definition of Public Securities. For the purposes of this subchapter, the term "public securities" means public securities as defined under §1202.001 of the Government Code and other obligations subject to review by the Office of the Attorney General under state law.

(e) Other Definitions: Except as otherwise provided by this subchapter, all terms used in this subchapter shall have the meaning ascribed to them in §1202.001 of the Government Code.

Source Note: The provisions of this §53.1 adopted to be effective January 5, 2017, 41 TexReg 10543