Tex. Gov't Code § 1371.153

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 1371.153 - Exemptions for Certain Advice

This subchapter does not apply to advice to an issuer regarding:

(1) a loan or a line of credit by a depository institution to an issuer in a transaction not involving the issuance of a public security offered to a third party or parties; or

(2) a deposit of funds with a depository institution in compliance with another statute of this state.

Tex. Gov't. Code § 1371.153

Added by Acts 2007, 80th Leg., R.S., Ch. 991, Sec. 7, eff. 9/1/2007.