{"data":{"id":"us-tx/tex.-government-code-4003.009","jurisdiction":"us-tx","citation":"Tex. Government Code § 4003.009","heading":"RENEWAL OF PERMIT.","body":"(a) An issuer or registered dealer may file a renewal application with the commissioner if the securities authorized to be sold under a permit qualifying securities for sale that is issued under this subchapter are not sold before the permit expires.\n(b) The renewal application must:\n(1) state:\n(A) the total number of shares sold in this state;\n(B) the total number of shares sold outside this state; and\n(C) the total number of shares outstanding;\n(2) contain a detailed balance sheet;\n(3) contain an operating statement; and\n(4) provide any other information the commissioner may require.\n(c) The commissioner shall examine a renewal application and issue a renewal permit or deny the application using the standards stated in Section 4003.006 applicable to an original application.\n(d) If issued, a renewal permit:\n(1) is valid for one year; and\n(2) must be in the form the commissioner prescribes.\nAdded by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff. January 1, 2022.","path":["GOVERNMENT CODE","TITLE 12. SECURITIES ACT","CHAPTER 4003. SECURITIES","SUBCHAPTER A. PERMIT QUALIFYING SECURITIES FOR SALE"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.4003.htm#4003.009","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"adcd289b062b119b18eca7d8f4d3cf03ea3b27535c154d5196a817b5dfab4931","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-4003.008","next":"us-tx/tex.-government-code-4003.010"},"notice":"GroundRules: Original legal text. Not legal advice."}