Texas § GV.1371.154 - FINANCIAL ADVISER OR INVESTMENT ADVISER QUALIFICATIONS AND REQUIREMENTS FOR CERTA
Full text of Texas The Texas Constitution § GV.1371.154 — FINANCIAL ADVISER OR INVESTMENT ADVISER QUALIFICATIONS AND REQUIREMENTS FOR CERTA, with citation guidance and answers to common questions.
§ GV.1371.154. FINANCIAL ADVISER OR INVESTMENT ADVISER QUALIFICATIONS AND REQUIREMENTS FOR CERTA
FINANCIAL ADVISER OR INVESTMENT ADVISER QUALIFICATIONS AND REQUIREMENTS FOR CERTAIN AGREEMENTS AND TRANSACTIONS. (a) This section applies to a financial adviser or an investment adviser who advises the issuer in connection with: (1) an interest rate management agreement; (2) the execution or delivery of a public security; or (3) the investment of the public security proceeds. (b) To be eligible to be a financial adviser or an investment adviser under this subchapter, the adviser must: (1) be registered: (A) as a dealer or investment adviser in accordance with Section 4004.051 , 4004.052 , or 4004.302 ; (B) with the United States Securities and Exchange Commission under the Investment Advisers Act of 1940 (15 U.S.C. Section 80b-1 et seq.), if the adviser is providing advice on the investment of bond proceeds and not on the issuance of a public security or an interest rate management agreement; or (C) with the United States Securities and Exchange Commission as a municipal advisor under Section 15B, Securities Exchange Act of 1934 (15 U.S.C. Section 78o-4); (2) have relevant experience in providing advice to issuers in connection with: (A) the issuance of public securities; (B) the valuation of interest rate management agreements; or (C) the investment of public security proceeds; and (3) acknowledge in writing to the issuer that in connection with the transaction for which the adviser is providing advice the adviser: (A) is acting as the issuer's agent; and (B) has complied with the requirements of this subchapter. Added by Acts 2007, 80th Leg., R.S., Ch. 991 (S.B. 1332 ), Sec. 7, eff. September 1, 2007. Amended by: Acts 2015, 84th Leg., R.S., Ch. 575 (H.B. 3132 ), Sec. 1, eff. September 1, 2015. Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171 ), Sec. 2.25, eff. January 1, 2022.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § GV.1371.154
What does The Texas Constitution § GV.1371.154 cover?
Section GV.1371.154 ("FINANCIAL ADVISER OR INVESTMENT ADVISER QUALIFICATIONS AND REQUIREMENTS FOR CERTA") 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.1371.154?
A common citation format is "The Texas Constitution § GV.1371.154" (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.1371.154 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.