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Current as of January 01, 2024 | Updated by Findlaw Staff
This subchapter does not apply to advice to an issuer regarding:
(1) a loan or a line of credit by a depository institution to an issuer in a transaction not involving the issuance of a public security offered to a third party or parties; or
(2) a deposit of funds with a depository institution in compliance with another statute of this state.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 1371.153. Exemptions for Certain Advice - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-1371-153/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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