Texas § GV.4006.151 - FEE FOR SALE OF EXCESS SECURITIES
Full text of Texas The Texas Constitution § GV.4006.151 — FEE FOR SALE OF EXCESS SECURITIES, with citation guidance and answers to common questions.
§ GV.4006.151. FEE FOR SALE OF EXCESS SECURITIES
FEE FOR SALE OF EXCESS SECURITIES. (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the fee required under Section 4006.055 for the securities sold to persons in this state; (2) if the registration is no longer in effect, interest on that amount computed at the rate provided by Section 302.002 , Finance Code, from the date the registration was no longer in effect until the date the subsequent application is filed; and (3) the amendment fee prescribed by Section 4006.001 (1).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. 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.4006.151
What does The Texas Constitution § GV.4006.151 cover?
Section GV.4006.151 ("FEE FOR SALE OF EXCESS SECURITIES") 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.4006.151?
A common citation format is "The Texas Constitution § GV.4006.151" (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.4006.151 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.