Texas Statutes
§ 4003.252 — CROWDFUNDING.
Texas § 4003.252
JurisdictionTexas
Code GVGovernment Code
This text of Texas § 4003.252 (CROWDFUNDING.) 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. § 4003.252 (2026).
Text
Sec. 4003.252. CROWDFUNDING.
(a)The board shall adopt rules to regulate and facilitate online intrastate crowdfunding applicable to authorized small business development entities. The board may create other requirements necessary to carry out this subchapter.
(b)The rules must:
(1)allow an authorized small business development entity to list on the entity's web portal offerings of securities by issuers in which the entity is financially interested;
(2)allow an authorized small business development entity and the entity's web portal to list offerings of securities without offering investment advice;
(3)allow an authorized small business development entity to subcontract the operations of a crowdfunding web portal to a third party as permitted by board rule; and
(4)limit the offerings
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Legislative History
Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171 ), Sec. 1.01, eff. January 1, 2022.
Nearby Sections
15
§ 4003.001
PERMIT REQUIRED; EXCEPTIONS.§ 4003.005
PERMIT FEE.§ 4003.007
FORM AND CONTENTS OF PERMIT.§ 4003.008
TERM OF PERMIT.§ 4003.009
RENEWAL OF PERMIT.§ 4003.052
REGISTRATION STATEMENT REQUIRED.§ 4003.054
REGISTRATION PROCEDURES.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 4003.252, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/4003.252.