Tex. Gov't Code § 4001.102 · Subchapter C. GENERAL ADMINISTRATIVE PROVISIONS
CONSENT FOR SERVICE OF PROCESS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) This section applies only to an issuer, dealer, or investment adviser that is:
(1) organized under the laws of any other state, territory, or government; or
(2) domiciled in any other state.
(b) Unless a board rule specifies otherwise, an issuer, dealer, or investment adviser subject to this section must include in an application filed with or notice filing submitted to the commissioner a provision that appoints the commissioner as the attorney of the issuer, dealer, or investment adviser who may be served with process in any action or proceeding against the issuer, dealer, or investment adviser that arises out of any transaction subject to this title.
(c) The provision required by Subsection (b) must be executed by an authorized agent of the issuer, dealer, or investment adviser filing the application or submitting the notice filing.
(d) Service of process on the commissioner in accordance with a provision executed under this section has the same effect as if the issuer, dealer, or investment adviser was created or formed under the laws of this state and served with process in this state.
(e) If the commissioner is served with process in accordance with a provision executed under this section, the commissioner shall forward the process by United States mail to the last known address of the issuer, dealer, or investment adviser.
Notes and commentary — not statutory text
History
Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff. January 1, 2022.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.4001.htm
- Text hash
- sha256 cecbc5001ef52f8ec30d20e54b46e7e6fe21eb23487f9d6e57565a9e03ad15ae
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 4 provisions
Provisions in this library whose text cites Tex. Gov't Code § 4001.102. Each shows the citation as that text prints it.
Government Code
- Tex. Gov't Code § 4003.052REGISTRATION STATEMENT REQUIRED.Printed as Section 4001.102
- Tex. Gov't Code § 4003.102REGISTRATION STATEMENT REQUIRED.Printed as Section 4001.102
- Tex. Gov't Code § 4004.054ISSUANCE OF REGISTRATION CERTIFICATE.Printed as Section 4001.102
- Tex. Gov't Code § 4004.302NOTICE FILING.Printed as Section 4001.102
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.