Texas § GV.4003.303 - PROSPECTUS REQUIRED FOR CERTAIN OFFERS
Full text of Texas The Texas Constitution § GV.4003.303 — PROSPECTUS REQUIRED FOR CERTAIN OFFERS, with citation guidance and answers to common questions.
§ GV.4003.303. PROSPECTUS REQUIRED FOR CERTAIN OFFERS
PROSPECTUS REQUIRED FOR CERTAIN OFFERS. (a) Except as provided by Subsection (b), the commissioner shall require that, in connection with a permit qualifying securities for sale, all offers for the sale of the securities be made through a prospectus that: (1) fairly discloses the material facts about the plan of finance and business; and (2) must be filed with and approved by the commissioner. (b) The prospectus requirements of this section are satisfied if the applicant files a prospectus or offering circular with the commissioner that is also filed with the Securities and Exchange Commission under the Securities Act of 1933 (15 U.S.C. Section 77a et seq.) or the regulations under that law. (c) Failure to comply with the prospectus requirements of this section violates this title. Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171 ), Sec. 1.01, eff. January 1, 2022.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § GV.4003.303
What does The Texas Constitution § GV.4003.303 cover?
Section GV.4003.303 ("PROSPECTUS REQUIRED FOR CERTAIN OFFERS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § GV.4003.303?
A common citation format is "The Texas Constitution § GV.4003.303" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § GV.4003.303 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.