{"data":{"id":"us-tx/tex.-government-code-4005.016","jurisdiction":"us-tx","citation":"Tex. Government Code § 4005.016","heading":"FINANCIAL INSTITUTIONS.","body":"The exemption provided by Section 4005.001 applies to:\n(1) the sale, by the issuer itself or by a registered dealer, of any security issued or guaranteed by:\n(A) a bank organized and subject to regulation under the laws of:\n(i) the United States; or\n(ii) a state, territory, or insular possession of the United States; or\n(B) a savings and loan association organized and subject to regulation under the laws of this state; or\n(2) the sale, by the issuer itself, of any security issued by a federal savings and loan association.\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 4005. EXEMPTIONS","SUBCHAPTER A. EXEMPT TRANSACTIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.4005.htm#4005.016","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"34fc14861bc4e729a24dc9da5b3939845e98224421b20d9014ccbb5b41aebf50","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-4005.015","next":"us-tx/tex.-government-code-4005.017"},"notice":"GroundRules: Original legal text. Not legal advice."}