Tex. Gov't Code § 4006.151 · Subchapter D. FEES FOR CERTAIN SALES OR OFFERS OF SECURITIES
FEE FOR SALE OF EXCESS SECURITIES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An offeror who sells securities in this state in excess of the aggregate amount of securities registered for the offering may apply to register the excess securities by paying:
(1) three times the difference between the initial fee paid and the fee required under Section 4006.055 for the securities sold to persons in this state;
(2) if the registration is no longer in effect, interest on that amount computed at the rate provided by Section 302.002, Finance Code, from the date the registration was no longer in effect until the date the subsequent application is filed; and
(3) the amendment fee prescribed by Section 4006.001(1).
(b) If an application to register excess securities is granted under Subsection (a), the registration of the excess securities is effective retroactively to the effective date of the initial registration for the offering.
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.4006.htm
- Text hash
- sha256 ec8b114188e17078674a3ea9da9ec048429b9522cb6ffc8c9bcd8a1d4673389f
- 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
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Finance Code
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