{"data":{"id":"us-tx/tex.-government-code-4008.103","jurisdiction":"us-tx","citation":"Tex. Government Code § 4008.103","heading":"DAMAGES.","body":"In damages under Section 4008.101(b), the purchaser is entitled to recover:\n(1) the amount of any consideration paid for the services, less the amount of any income the purchaser received from acting on the services;\n(2) any loss incurred by the purchaser in acting on the services provided by the investment adviser or investment adviser representative;\n(3) interest at the legal rate for judgments accruing from the date the purchaser paid the consideration; and\n(4) to the extent the court considers equitable, court costs and reasonable attorney's fees.\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 4008. PRIVATE RIGHTS OF ACTION","SUBCHAPTER C. CIVIL LIABILITY OF INVESTMENT ADVISERS AND INVESTMENT ADVISER REPRESENTATIVES"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.4008.htm#4008.103","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"3ba72248c410661da54d73e7b226356dc084eb381ea05cc9199633bafe981d60","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-4008.102","next":"us-tx/tex.-government-code-4008.104"},"notice":"GroundRules: Original legal text. Not legal advice."}
