State of Texas – Fiscal Management

Manual of Accounts

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Revenue Object 3813 – Sale of Corporate Securities – Long-Term

 

Legal Citations:
Revenue Type: Cash — Other Revenue
Origin Date: H.B. 13, 31st Leg., 3rd C.S.
Issue Date:
Revised Date: 2018-03-06

Description


This revenue results from the sale, redemption or other form of disposition of interest bearing securities and non-real estate mortgages issued and administered by corporate entities. These sales may occur as a direct selling transaction prior to stated maturity date or as part of a transaction involving an exchange for other investments where cash is not involved.



Due Date


As stated in contract



Collecting Agencies




Deposit Funds




Notes




USAS Values


Appropriation Year 26
USAS Title SALE OF CORP SECURITY-LONG TERM
Receipt Category 14 – Other
Receipt Type 56 – Investments, Loans, Advances
Object Group 06 – Investment Sales and Amortization of Premium/Discount
USAS Status A
Rev/Exp Category 24 – INVESTMENTS



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