Tex. Gov't Code § 4005.016 · Subchapter A. EXEMPT TRANSACTIONS
FINANCIAL INSTITUTIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The exemption provided by Section 4005.001 applies to:
(1) the sale, by the issuer itself or by a registered dealer, of any security issued or guaranteed by:
(A) a bank organized and subject to regulation under the laws of:
(i) the United States; or
(ii) a state, territory, or insular possession of the United States; or
(B) a savings and loan association organized and subject to regulation under the laws of this state; or
(2) the sale, by the issuer itself, of any security issued by a federal savings and loan association.
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.4005.htm
- Text hash
- sha256 400d04510965f7588fdbb700c77f67c5c13db32aba6ca99bf3fdee3bdef99750
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
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.