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Constitutional Law - United States; Supremacy Clause; Federal Statutes and Regulations; State Boards, Commissions, Departments; Comptroller of Public Accounts

GA-0309

Texas Attorney General Opinion

Securities, federal law restricting the sale of unregistered preempts state law requiring the comptroller to sell at public sale unclaimed unregistered securities only if the comptroller would be an underwriter by doing so|Unclaimed unregistered securities, if the comptroller would be an underwriter by selling at public sale, she must sell consistently with federal law

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Sourced from Texas Attorney General.

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.