Texas § GV.4008.103 - DAMAGES
Full text of Texas The Texas Constitution § GV.4008.103 — DAMAGES, with citation guidance and answers to common questions.
§ GV.4008.103. DAMAGES
DAMAGES. In damages under Section 4008.101 (b), the purchaser is entitled to recover: (1) the amount of any consideration paid for the services, less the amount of any income the purchaser received from acting on the services; (2) any loss incurred by the purchaser in acting on the services provided by the investment adviser or investment adviser representative; (3) interest at the legal rate for judgments accruing from the date the purchaser paid the consideration; and (4) to the extent the court considers equitable, court costs and reasonable attorney's fees. 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.4008.103
What does The Texas Constitution § GV.4008.103 cover?
Section GV.4008.103 ("DAMAGES") 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.4008.103?
A common citation format is "The Texas Constitution § GV.4008.103" (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.4008.103 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.