Texas § IN.548.004 - RULES RELATING TO EQUITY SECURITIES AND EXEMPT SECURITIES
Full text of Texas The Texas Constitution § IN.548.004 — RULES RELATING TO EQUITY SECURITIES AND EXEMPT SECURITIES, with citation guidance and answers to common questions.
§ IN.548.004. RULES RELATING TO EQUITY SECURITIES AND EXEMPT SECURITIES
RULES RELATING TO EQUITY SECURITIES AND EXEMPT SECURITIES. (a) If the commissioner considers it necessary or appropriate in the public interest or for the protection of investors, the commissioner by rule may define: (1) "equity security" to include a security that is similar in nature to an equity security; and (2) "exempt security" for purposes of this chapter. (b) In adopting a rule under Subsection (a)(2), the commissioner may define the term conditionally, on specified terms, or for a stated period. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005. SUBCHAPTER B. REQUIRED ACTS; PROHIBITIONS
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.548.004
What does The Texas Constitution § IN.548.004 cover?
Section IN.548.004 ("RULES RELATING TO EQUITY SECURITIES AND EXEMPT 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 § IN.548.004?
A common citation format is "The Texas Constitution § IN.548.004" (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 § IN.548.004 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
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