Texas § 4003.009 RENEWAL OF PERMIT.

Texas Statutes

§ 4003.009 — RENEWAL OF PERMIT.

Texas § 4003.009

Code GVGovernment Code

This text of Texas § 4003.009 (RENEWAL OF PERMIT.) 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. § 4003.009 (2026).

Text

Sec. 4003.009. RENEWAL OF PERMIT.

(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.

(b)The renewal application must:

(1)state:

(A)the total number of shares sold in this state;

(B)the total number of shares sold outside this state; and

(C)the total number of shares outstanding;

(2)contain a detailed balance sheet;

(3)contain an operating statement; and

(4)provide any other information the commissioner may require.

(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 o

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Sec. 4003.009. RENEWAL OF PERMIT. (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.
(b) The renewal application must:
(1) state:
(A) the total number of shares sold in this state;
(B) the total number of shares sold outside this state; and
(C) the total number of shares outstanding;
(2) contain a detailed balance sheet;
(3) contain an operating statement; and
(4) provide any other information the commissioner may require.
(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.
(d) If issued, a renewal permit:
(1) is valid for one year; and
(2) must be in the form the commissioner prescribes.