(a) An offeror who sells securities in this state in excess of the aggregate amount of securities registered for the offering may apply to register the excess securities by paying:
(1) three times the difference between the initial fee paid and the fee required under § 4006.055 for the securities sold to persons in this state;
(2) if the registration is no longer in effect, interest on that amount computed at the rate provided by § 302.002, Finance Code, from the date the registration was no longer in effect until the date the subsequent application is filed; and
(3) the amendment fee prescribed by § 4006.001(1).
(b) If an application to register excess securities is granted under Subsection (a), the registration of the excess securities is effective retroactively to the effective date of the initial registration for the offering.