Sec. 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.
Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff. January 1, 2022.
Structure Texas Statutes
Subchapter A. Permit Qualifying Securities for Sale
Section 4003.001. Permit Required; Exceptions
Section 4003.002. Permit Application to Qualify Securities for Sale
Section 4003.003. Statement of Financial Condition and Income Statement
Section 4003.004. Exceptions to Certification Requirement for Financial Statements
Section 4003.006. Examination of and Determination on Permit Application
Section 4003.007. Form and Contents of Permit
Section 4003.008. Term of Permit
Section 4003.009. Renewal of Permit
Section 4003.010. Use of Permit for Certain Purposes Prohibited