Tex. Gov't Code Section 4003.009
Renewal of Permit


An issuer or registered dealer may file a renewal application with the commissioner if the securities authorized to be sold under a permit qualifying securities for sale that is issued under this subchapter are not sold before the permit expires.


The renewal application must:




the total number of shares sold in this state;


the total number of shares sold outside this state; and


the total number of shares outstanding;


contain a detailed balance sheet;


contain an operating statement; and


provide any other information the commissioner may require.


The commissioner shall examine a renewal application and issue a renewal permit or deny the application using the standards stated in Section 4003.006 (Examination of and Determination on Permit Application) applicable to an original application.


If issued, a renewal permit:


is valid for one year; and


must be in the form the commissioner prescribes.
Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff. January 1, 2022.

Source: Section 4003.009 — Renewal of Permit, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­4003.­htm#4003.­009 (accessed Nov. 25, 2023).

Nov. 25, 2023

§ 4003.009’s source at texas​.gov