{"data":{"id":"us-tx/tex.-finance-code-155.007","jurisdiction":"us-tx","citation":"Tex. Finance Code § 155.007","heading":"CRIMINAL PENALTY.","body":"(a) An officer or agent of a domestic or foreign corporation or company doing business in this state as a bond investment company commits an offense if:\n(1) the officer or agent attempts to:\n(A) place or sell shares; or\n(B) transact any business on behalf of the company; and\n(2) the bond investment company has not complied with the deposit requirements of this chapter.\n(b) An offense under this section is punishable by:\n(1) confinement in jail for a term of not more than six months or less than 30 days;\n(2) a fine of not more than $1,000 or less than $100; or\n(3) both the fine and confinement.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE E. OTHER FINANCIAL BUSINESSES","CHAPTER 155. BOND INVESTMENT COMPANIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.155.htm#155.007","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"ad232de1b4773fe490d9ffad7a0556ff1e8d12bb7b026abcb3ac4d056e67fc80","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-155.006","next":"us-tx/tex.-finance-code-156.001"},"notice":"GroundRules: Original legal text. Not legal advice."}