Tex. Gov't Code Section 4002.152
Rules Regarding Competitive Bidding or Advertising

(a)

The board may not adopt rules restricting competitive bidding or advertising by a person registered under this title except to prohibit false, misleading, or deceptive practices by the person.

(b)

The board may not include in the board’s rules to prohibit false, misleading, or deceptive practices by a person regulated by the board a rule that:

(1)

restricts the person’s use of any advertising medium;

(2)

restricts the person’s personal appearance or use of the person’s voice in an advertisement;

(3)

relates to the size or duration of an advertisement by the person; or

(4)

restricts the person’s advertisement under a trade name.

(c)

This section does not affect limitations on advertising in Section 4005.012 (Private Limited Offerings), 4005.013 (Compensation Plans and Contracts), or 4005.021 (Oil, Gas, or Mining Interests) or in rules adopted by the board under Section 4005.024 (Exemptions by Rule or Order).

Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff. January 1, 2022.

Source: Section 4002.152 — Rules Regarding Competitive Bidding or Advertising, https://statutes.capitol.texas.gov/Docs/GV/htm/GV.4002.htm#4002.152 (accessed Jun. 5, 2024).

4002.001
Applicability of Other Law 4002.002
Sunset Provision 4002.051
Appointment of Board 4002.052
Membership Eligibility 4002.053
Membership and Employee Restrictions 4002.054
Terms 4002.055
Presiding Officer 4002.056
Grounds for Removal 4002.057
Per Diem 4002.058
Board Member Training 4002.101
Securities Commissioner 4002.102
Deputy Securities Commissioner 4002.103
Division of Responsibilities 4002.104
Standards of Conduct Information 4002.105
Career Ladder Program 4002.106
Equal Employment Opportunity Policy 4002.107
Written Employee Complaint Procedure 4002.151
Rules 4002.152
Rules Regarding Competitive Bidding or Advertising 4002.153
Board Delegation of Rulemaking Authority 4002.154
Commissioner Discretion Regarding Rules 4002.155
Deposit of Receipts to General Revenue Fund 4002.156
Board Authority to Exercise Commissioner’s Powers 4002.157
List of Securities Offered 4002.158
Record of Proceedings 4002.159
Record of Certain Filings and Orders 4002.160
Commissioner’s Access to Records and Reports of Other State Agencies 4002.161
Confidentiality of Certain Information 4002.162
Board Access to Offices and Records 4002.163
Annual Report 4002.201
Consumer Interest Information 4002.202
Public Participation 4002.203
Documents and Other Information Filed with Commissioner 4002.1535
Alternative Rulemaking and Dispute Resolution

Accessed:
Jun. 5, 2024

§ 4002.152’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._gov't_code_section_4002.152

Original Source: Section 4002.152 — Rules Regarding Competitive Bidding or Advertising, https://statutes.capitol.texas.gov/Docs/GV/htm/GV.4002.htm#4002.152 (last accessed Jun. 5, 2024).