Texas § 4002.052 MEMBERSHIP ELIGIBILITY.

Texas Statutes

§ 4002.052 — MEMBERSHIP ELIGIBILITY.

Texas § 4002.052

Code GVGovernment Code

This text of Texas § 4002.052 (MEMBERSHIP ELIGIBILITY.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Government Code Code Ann. § 4002.052 (2026).

Text

Sec. 4002.052. MEMBERSHIP ELIGIBILITY. A person is not eligible for appointment to the board if the person or the person's spouse:

(1)is registered as a dealer, agent, investment adviser, or investment adviser representative;

(2)has an active notice filing under this title to engage in business in this state as an investment adviser or investment adviser representative;

(3)is employed by or participates in the management of a business entity engaged in business as a securities dealer or investment adviser; or

(4)has, other than as a consumer, a financial interest in a business entity engaged in business as a securities dealer or investment adviser.

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Sec. 4002.052. MEMBERSHIP ELIGIBILITY. A person is not eligible for appointment to the board if the person or the person's spouse:
(1) is registered as a dealer, agent, investment adviser, or investment adviser representative;
(2) has an active notice filing under this title to engage in business in this state as an investment adviser or investment adviser representative;
(3) is employed by or participates in the management of a business entity engaged in business as a securities dealer or investment adviser; or
(4) has, other than as a consumer, a financial interest in a business entity engaged in business as a securities dealer or investment adviser.