Texas Business and Commerce Code 302.102 – Filing of Registration Statement; Public Information
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(a) To obtain a registration certificate, a seller must file with the secretary of state a registration statement that:
(1) is in the form prescribed by the secretary of state;
(2) contains the information required by Subchapter D;
(3) is verified by each principal of the seller; and
(4) specifies the date and location of verification.
(b) Information included in or attached to a registration statement is public information.
Terms Used In Texas Business and Commerce Code 302.102
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Trustee: A person or institution holding and administering property in trust.
(c) In this section, “principal” means an owner, an executive officer of a corporation, a general partner of a partnership, a sole proprietor, a trustee of a trust, or another individual with similar supervisory functions with respect to any person.