Tex. Gov't Code § 4007.059 · Subchapter B. INSPECTIONS AND INVESTIGATIONS
ASSISTANCE TO SECURITIES REGULATORS IN OTHER JURISDICTIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) On request from a securities regulator of another state or of a foreign jurisdiction, the commissioner may provide assistance to the regulator in conducting an investigation to determine whether a person has violated, is violating, or is about to violate a law or rule of the other state or foreign jurisdiction relating to a securities matter that the regulator is authorized to administer or enforce.
(b) The commissioner may provide assistance under this section through the use of the authority to investigate and any other power conferred by this section or Section 4007.054, 4007.055, 4007.056, or 4007.057, as the commissioner determines to be necessary and appropriate.
(c) In determining whether to provide assistance under this section, the commissioner may consider whether:
(1) the securities regulator is permitted and has agreed to provide assistance within the regulator's jurisdiction to the commissioner reciprocally and at the commissioner's request concerning securities matters;
(2) compliance with the request for assistance would violate or otherwise prejudice the public policy of this state;
(3) the conduct described in the request would also constitute a violation of this title or another law of this state had the conduct occurred in this state; and
(4) board employees and board or commissioner resources necessary to carry out the request for assistance are available.
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.4007.htm
- Text hash
- sha256 b93b35888b02f1e97e0d351bc2441fb972ee1625863e2263cfe70456e3b8f316
- 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.
Government Code
- Tex. Gov't Code § 4007.054SERVICE OF SUBPOENA, SUMMONS, OR OTHER PROCESS.Printed as Section 4007.054, 4007.055, 4007.056, or 4007.057
- Tex. Gov't Code § 4007.055ENFORCEMENT OF SUBPOENA; CONTEMPT.Printed as Section 4007.054, 4007.055, 4007.056, or 4007.057
- Tex. Gov't Code § 4007.056CONFIDENTIALITY OF INVESTIGATIVE INFORMATION.Printed as Section 4007.054, 4007.055, 4007.056, or 4007.057
- Tex. Gov't Code § 4007.057COMPENSATION OF WITNESSES.Printed as Section 4007.054, 4007.055, 4007.056, or 4007.057
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.