Sec. 1231.082. REPORT OF STATE SECURITY SOLD COMPETITIVELY    


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  • A report concerning a state security that is sold competitively must state:

    (1) the components of the gross spread, including:

    (A) gross takedown;

    (B) expenses; and

    (C) syndicate profit and loss;

    (2) a summary of obligation orders and allotments by maturity, firm, and order type; and

    (3) each syndicate firm's gross takedown and share of syndicate profit or loss.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.