Texas § GV.4007.102 - CEASE AND DESIST ORDER
Full text of Texas The Texas Constitution § GV.4007.102 — CEASE AND DESIST ORDER, with citation guidance and answers to common questions.
§ GV.4007.102. CEASE AND DESIST ORDER
CEASE AND DESIST ORDER: INVESTMENT ADVISER OR INVESTMENT ADVISER REPRESENTATIVE. (a) Notwithstanding any provision of this title to the contrary, the commissioner may hold a hearing as provided by this section if at any time it appears to the commissioner that: (1) an investment adviser or investment adviser representative is engaging or is likely to engage in fraud or a fraudulent practice with respect to rendering services as an investment adviser or investment adviser representative; or (2) a person is acting as an investment adviser or investment adviser representative in violation of this title. (b) A hearing under this section must be held not later than the 30th day after the date the person described by Subsection (a): (1) receives actual notice; or (2) is provided notice by registered or certified mail, return receipt requested, to the person's last known address. (c) After the hearing, the commissioner shall issue or decline to issue a cease and desist order. An order issued under this subsection must: (1) require the investment adviser or investment adviser representative to immediately cease and desist from the fraudulent conduct; or (2) prohibit an unregistered or other unauthorized person who is not exempt from the registration or notice filing requirements of this title from acting as an investment adviser or investment adviser representative in violation of 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.4007.102
What does The Texas Constitution § GV.4007.102 cover?
Section GV.4007.102 ("CEASE AND DESIST ORDER") 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.4007.102?
A common citation format is "The Texas Constitution § GV.4007.102" (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.4007.102 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.