Tex. Government Code § 4008.104: STATUTE OF LIMITATIONS.
Where this section sits in the code
- GOVERNMENT CODE
- TITLE 12. SECURITIES ACT
- CHAPTER 4008. PRIVATE RIGHTS OF ACTION
- SUBCHAPTER C. CIVIL LIABILITY OF INVESTMENT ADVISERS AND INVESTMENT ADVISER REPRESENTATIVES
(a) A person may not sue under Section 4008.101(a) more than three years after the date the violation occurs.
(b) A person may not sue under Section 4008.101(b) more than:
(1) five years after the date the violation occurs; or
(2) three years after the date the person knew or should have known, by the exercise of reasonable diligence, of the occurrence of the violation.
Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff. January 1, 2022.
Collected 2026-08-27T01:47:16Z. Source file · JSON