Sec. 4002.153. BOARD DELEGATION OF RULEMAKING AUTHORITY. (a) The board by rule may delegate to the commissioner or the deputy securities commissioner the authority granted to the board under Section 4002.151 or 4002.152 to adopt rules or to waive the requirements of rules as the board considers appropriate.
(b) Any rule adopted by the commissioner or the deputy securities commissioner based on the authority delegated under this section must be adopted in accordance with Sections 4002.151 and 4002.152.
Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff. January 1, 2022.
Structure Texas Statutes
Chapter 4002 - State Securities Board and Securities Commissioner
Subchapter D. Powers and Duties of Board and Commissioner
Section 4002.152. Rules Regarding Competitive Bidding or Advertising
Section 4002.153. Board Delegation of Rulemaking Authority
Section 4002.1535. Alternative Rulemaking and Dispute Resolution
Section 4002.154. Commissioner Discretion Regarding Rules
Section 4002.155. Deposit of Receipts to General Revenue Fund
Section 4002.156. Board Authority to Exercise Commissioner's Powers
Section 4002.157. List of Securities Offered
Section 4002.158. Record of Proceedings
Section 4002.159. Record of Certain Filings and Orders
Section 4002.160. Commissioner's Access to Records and Reports of Other State Agencies
Section 4002.161. Confidentiality of Certain Information