Texas Government Code 4005.016 – Financial Institutions
Current as of: 2024 | Check for updates
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Terms Used In Texas Government Code 4005.016
- United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005
The exemption provided by § 4005.001 applies to:
(1) the sale, by the issuer itself or by a registered dealer, of any security issued or guaranteed by:
(A) a bank organized and subject to regulation under the laws of:
(i) the United States; or
(ii) a state, territory, or insular possession of the United States; or
(B) a savings and loan association organized and subject to regulation under the laws of this state; or
(2) the sale, by the issuer itself, of any security issued by a federal savings and loan association.