Tex. Gov't Code Section 1371.153
Exemptions for Certain Advice


This subchapter does not apply to advice to an issuer regarding:

(1)

a loan or a line of credit by a depository institution to an issuer in a transaction not involving the issuance of a public security offered to a third party or parties; or

(2)

a deposit of funds with a depository institution in compliance with another statute of this state.
Added by Acts 2007, 80th Leg., R.S., Ch. 991 (S.B. 1332), Sec. 7, eff. September 1, 2007.

Source: Section 1371.153 — Exemptions for Certain Advice, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­1371.­htm#1371.­153 (accessed Apr. 29, 2024).

Accessed:
Apr. 29, 2024

§ 1371.153’s source at texas​.gov