Tex. Gov't Code § 4002.052 · Subchapter B. STATE SECURITIES BOARD
MEMBERSHIP ELIGIBILITY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A person is not eligible for appointment to the board if the person or the person's spouse:
(1) is registered as a dealer, agent, investment adviser, or investment adviser representative;
(2) has an active notice filing under this title to engage in business in this state as an investment adviser or investment adviser representative;
(3) is employed by or participates in the management of a business entity engaged in business as a securities dealer or investment adviser; or
(4) has, other than as a consumer, a financial interest in a business entity engaged in business as a securities 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.4002.htm
- Text hash
- sha256 e20b4037f64885197c54226d8acc1152d713677498e6671dd7087814f5169455
- 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 1 provision
Provisions in this library whose text cites Tex. Gov't Code § 4002.052. Each shows the citation as that text prints it.
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.