Texas Statutes
Subchapter C. Civil Liability of Investment Advisers and Investment Adviser Representatives
Section 4008.104. Statute of Limitations

Sec. 4008.104. STATUTE OF LIMITATIONS. (a) A person may not sue under Section 4008.101(a) more than three years after the date the violation occurs.
(b) A person may not sue under Section 4008.101(b) more than:
(1) five years after the date the violation occurs; or
(2) three years after the date the person knew or should have known, by the exercise of reasonable diligence, of the occurrence of the violation.
Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff. January 1, 2022.

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