Section 4003.206. Effect of Compliance or Noncompliance

TX Govt Code § 4003.206 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Text of section effective on January 01, 2022

Sec. 4003.206. EFFECT OF COMPLIANCE OR NONCOMPLIANCE. (a) An offer to sell a security that complies with Section 4003.203 or 4003.204 does not violate Subchapter A, B, or C.

(b) An offer to sell a security that does not comply with Section 4003.203 or 4003.204 violates this title.

Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff. January 1, 2022.