{"data":{"id":"us-tx/tex.-government-code-1371.153","jurisdiction":"us-tx","citation":"Tex. Government Code § 1371.153","heading":"EXEMPTIONS FOR CERTAIN ADVICE.","body":"This subchapter does not apply to advice to an issuer regarding:\n(1) a loan or a line of credit by a depository institution to an issuer in a transaction not involving the issuance of a public security offered to a third party or parties; or\n(2) a deposit of funds with a depository institution in compliance with another statute of this state.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 991 (S.B. 1332), Sec. 7, eff. September 1, 2007.","path":["GOVERNMENT CODE","TITLE 9. PUBLIC SECURITIES","SUBTITLE F. SPECIFIC AUTHORITY FOR STATE OR LOCAL GOVERNMENT TO ISSUE SECURITIES","CHAPTER 1371. OBLIGATIONS FOR CERTAIN PUBLIC IMPROVEMENTS","SUBCHAPTER D. ADVISERS RETAINED FOR THE ISSUANCE OF PUBLIC SECURITIES AND RELATED MATTERS"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1371.htm#1371.153","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"6327f0a3d6020332c5382aa307b2b5e5325c3432e89faadb5490a6acd8a70259","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1371.152","next":"us-tx/tex.-government-code-1371.154"},"notice":"GroundRules: Original legal text. Not legal advice."}