Sec. 4001.052. AGENT. (a) Except as provided by Subsection (b), "agent" includes a person or company employed, appointed, or authorized by a dealer to sell, offer for sale or delivery, solicit subscriptions to or orders for, or deal in any other manner in, securities in this state directly or through a subagent.
(b) If a corporation or partnership is registered as a dealer under this title, an officer of the corporation or partner of the partnership is not deemed an agent solely because of the officer's or partner's status as an officer or partner of that entity.
Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff. January 1, 2022.
Structure Texas Statutes
Chapter 4001 - General Provisions
Section 4001.051. Applicability of Definitions; Construction of Certain Conjunctions
Section 4001.055. Commissioner
Section 4001.057. Federal Covered Investment Adviser
Section 4001.058. Fraud; Fraudulent Practice
Section 4001.059. Investment Adviser
Section 4001.060. Investment Adviser Representative
Section 4001.063. No Par Value; Par Value
Section 4001.064. Person; Company
Section 4001.065. Registered Dealer
Section 4001.066. Registered Investment Adviser