Tex. Gov't Code Section 4003.001
Permit Required; Exceptions


(a)

A dealer or agent may not sell or offer for sale any securities issued after September 6, 1955, unless the commissioner has issued a permit qualifying securities for sale for those securities to the issuer of the securities or a registered dealer.

(b)

This section does not apply to:

(1)

securities that have been registered by notification under Subchapter B or by coordination under Subchapter C; or

(2)

transactions or securities that are exempt under Chapter 4005 (Exemptions).
Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff. January 1, 2022.

Source: Section 4003.001 — Permit Required; Exceptions, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­4003.­htm#4003.­001 (accessed May 18, 2024).

Accessed:
May 18, 2024

§ 4003.001’s source at texas​.gov