Texas § FI.155.007 - CRIMINAL PENALTY
Full text of Texas The Texas Constitution § FI.155.007 — CRIMINAL PENALTY, with citation guidance and answers to common questions.
§ FI.155.007. CRIMINAL PENALTY
CRIMINAL PENALTY. (a) An officer or agent of a domestic or foreign corporation or company doing business in this state as a bond investment company commits an offense if: (1) the officer or agent attempts to: (A) place or sell shares; or (B) transact any business on behalf of the company; and (2) the bond investment company has not complied with the deposit requirements of this chapter. (b) An offense under this section is punishable by: (1) confinement in jail for a term of not more than six months or less than 30 days; (2) a fine of not more than $1,000 or less than $100; or (3) both the fine and confinement. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Frequently Asked Questions About Texas § FI.155.007
What does The Texas Constitution § FI.155.007 cover?
Section FI.155.007 ("CRIMINAL PENALTY") 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 § FI.155.007?
A common citation format is "The Texas Constitution § FI.155.007" (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 § FI.155.007 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.