Texas Statutes
Title 12 - Securities Act
Chapter 4003 - Securities

Subchapter A. Permit Qualifying Securities for Sale

Section 4003.001. Permit Required; Exceptions - Sec. 4003.001. PERMIT REQUIRED; EXCEPTIONS. (a) A dealer or agent...

Section 4003.002. Permit Application to Qualify Securities for Sale - Sec. 4003.002. PERMIT APPLICATION TO QUALIFY SECURITIES FOR SALE. (a)...

Section 4003.003. Statement of Financial Condition and Income Statement - Sec. 4003.003. STATEMENT OF FINANCIAL CONDITION AND INCOME STATEMENT. (a)...

Section 4003.004. Exceptions to Certification Requirement for Financial Statements - Sec. 4003.004. EXCEPTIONS TO CERTIFICATION REQUIREMENT FOR FINANCIAL STATEMENTS. (a)...

Section 4003.005. Permit Fee - Sec. 4003.005. PERMIT FEE. The commissioner shall charge the fees...

Section 4003.006. Examination of and Determination on Permit Application - Sec. 4003.006. EXAMINATION OF AND DETERMINATION ON PERMIT APPLICATION. (a)...

Section 4003.007. Form and Contents of Permit - Sec. 4003.007. FORM AND CONTENTS OF PERMIT. A permit qualifying...

Section 4003.008. Term of Permit - Sec. 4003.008. TERM OF PERMIT. A permit qualifying securities for...

Section 4003.009. Renewal of Permit - Sec. 4003.009. RENEWAL OF PERMIT. (a) An issuer or registered...

Section 4003.010. Use of Permit for Certain Purposes Prohibited - Sec. 4003.010. USE OF PERMIT FOR CERTAIN PURPOSES PROHIBITED. A...

Subchapter B. Registration by Notification

Section 4003.051. Eligibility for Registration by Notification - Sec. 4003.051. ELIGIBILITY FOR REGISTRATION BY NOTIFICATION. (a) Securities may...

Section 4003.052. Registration Statement Required - Sec. 4003.052. REGISTRATION STATEMENT REQUIRED. (a) To register securities by...

Section 4003.053. Exception to Certification Requirement for Financial Statements - Sec. 4003.053. EXCEPTION TO CERTIFICATION REQUIREMENT FOR FINANCIAL STATEMENTS. Financial...

Section 4003.054. Registration Procedures - Sec. 4003.054. REGISTRATION PROCEDURES. (a) The commissioner shall complete the...

Section 4003.055. Effective Date of Registration by Notification - Sec. 4003.055. EFFECTIVE DATE OF REGISTRATION BY NOTIFICATION. (a) Except...

Section 4003.056. Effect of Registration by Notification - Sec. 4003.056. EFFECT OF REGISTRATION BY NOTIFICATION. On registration of...

Section 4003.057. Term of Registration - Sec. 4003.057. TERM OF REGISTRATION. A registration of securities by...

Section 4003.058. Renewal of Registration - Sec. 4003.058. RENEWAL OF REGISTRATION. A registration of securities by...

Section 4003.059. Insufficient or Fraudulent Registration Statement - Sec. 4003.059. INSUFFICIENT OR FRAUDULENT REGISTRATION STATEMENT. (a) If at...

Subchapter C. Registration by Coordination

Section 4003.101. Eligibility for Registration by Coordination - Sec. 4003.101. ELIGIBILITY FOR REGISTRATION BY COORDINATION. A security may...

Section 4003.102. Registration Statement Required - Sec. 4003.102. REGISTRATION STATEMENT REQUIRED. To register securities by coordination,...

Section 4003.103. Examination of and Determination on Registration Statement - Sec. 4003.103. EXAMINATION OF AND DETERMINATION ON REGISTRATION STATEMENT. (a)...

Section 4003.104. Term of Registration - Sec. 4003.104. TERM OF REGISTRATION. (a) Except as provided by...

Section 4003.105. Renewal of Registration - Sec. 4003.105. RENEWAL OF REGISTRATION. (a) Except as provided by...

Subchapter D. Prohibited Sales

Section 4003.151. Certain Sales Prohibited - Sec. 4003.151. CERTAIN SALES PROHIBITED. If the sale of a...

Subchapter E. Regulation of Offers

Section 4003.201. Definition - Sec. 4003.201. DEFINITION. In this subchapter, "broadcast offer" means an...

Section 4003.202. Applicability - Sec. 4003.202. APPLICABILITY. This subchapter does not apply to transactions...

Section 4003.203. Authorized Written, Printed, or Broadcast Offers - Sec. 4003.203. AUTHORIZED WRITTEN, PRINTED, OR BROADCAST OFFERS. A person...

Section 4003.204. Authorized Oral Offers - Sec. 4003.204. AUTHORIZED ORAL OFFERS. (a) In this section, "oral...

Section 4003.205. Dealer Named in Offer - Sec. 4003.205. DEALER NAMED IN OFFER. A dealer whose name...

Section 4003.206. Effect of Compliance or Noncompliance - Sec. 4003.206. EFFECT OF COMPLIANCE OR NONCOMPLIANCE. (a) An offer...

Subchapter F. Crowdfunding

Section 4003.251. Definition - Sec. 4003.251. DEFINITION. In this subchapter, "authorized small business development...

Section 4003.252. Crowdfunding - Sec. 4003.252. CROWDFUNDING. (a) The board shall adopt rules to...

Subchapter G. Protection for Purchasers of Securities

Section 4003.301. Deposit in Trust Account - Sec. 4003.301. DEPOSIT IN TRUST ACCOUNT. (a) If the commissioner...

Section 4003.302. Marketing Expenses - Sec. 4003.302. MARKETING EXPENSES. (a) Total expenses for marketing securities,...

Section 4003.303. Prospectus Required for Certain Offers - Sec. 4003.303. PROSPECTUS REQUIRED FOR CERTAIN OFFERS. (a) Except as...

Section 4003.304. Investor Education - Sec. 4003.304. INVESTOR EDUCATION. (a) The commissioner, with board approval,...