Sec. 1231.081.  GENERAL REQUIREMENTS.  (a)  Each entity that issues a state security shall report to the board its security transactions.
(b)  A report must:
(1)  be itemized;
(2)  state in dollars the information required by Subsection (c) or Sections 1231.082-1231.085 for money paid to each business and classify each of the businesses that money was paid to according to:
(A)  the race, ethnicity, and gender of the controlling ownership of each business;  and
(B)  whether the business is domestic or foreign;  and
(3)  be made in compliance with board rule.
(c)  For any security transaction, the report must state each issuance cost, including the cost of:
(1)  bond counsel;
(2)  financial advisor;
(3)  rating agencies;
(4)  official statement preparation;
(5)  official statement printing;
(6)  bond printing;
(7)  paying agent or registrar;
(8)  escrow agent;
(9)  escrow verification agent;
(10)  trustee;
(11)  attorney general;
(12)  dealer fee;
(13)  remarketing fee;  and
(14)  credit enhancement.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.