Sec. 4008.060. COSTS; ATTORNEY'S FEES. (a) On rescission or as a part of damages under this subchapter, a buyer or a seller of a security shall also recover costs.
(b) On rescission or as a part of damages under this subchapter, a buyer or a seller of a security may also recover reasonable attorney's fees if the court finds that the recovery is equitable under the circumstances.
Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff. January 1, 2022.
Structure Texas Statutes
Chapter 4008 - Private Rights of Action
Subchapter B. Civil Liability for Issuance, Sale, or Purchase of Securities
Section 4008.051. Offeror or Seller Liability: Registration and Related Violations
Section 4008.052. Offeror or Seller Liability: Untruth or Omission
Section 4008.053. Buyer Liability
Section 4008.054. Nonselling Issuer Liability
Section 4008.055. Controlling Person or Aider Liability
Section 4008.058. Requirements of Rescission Offer to Buyers
Section 4008.059. Requirements of Rescission Offer to Sellers
Section 4008.060. Costs; Attorney's Fees
Section 4008.061. Limitation of Liability in Small Business Issuances