Texas Statutes
§ 4005.003 — PLEDGED SECURITIES.
Texas § 4005.003
JurisdictionTexas
Code GVGovernment Code
This text of Texas § 4005.003 (PLEDGED SECURITIES.) 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. § 4005.003 (2026).
Text
Sec. 4005.003. PLEDGED SECURITIES. The exemption provided by Section 4005.001 applies to the sale of a security pledged in good faith as security for a bona fide debt that is made by or for the account of a pledge holder or mortgagee that is selling the security or offering the security for sale or delivery in the ordinary course of business to liquidate the debt.
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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
§ 4005.001
SCOPE OF EXEMPTION.§ 4005.002
COURT SUPERVISED SALES.§ 4005.003
PLEDGED SECURITIES.§ 4005.004
ISOLATED TRANSACTIONS.§ 4005.005
INSURANCE COMPANY SALES.§ 4005.006
STOCK DIVIDENDS.§ 4005.007
EXISTING SECURITY HOLDERS.§ 4005.008
FINANCIAL DISTRESS.§ 4005.009
MERGER, CONSOLIDATION, AND ASSET SALES.§ 4005.010
EXCHANGE OF SHARES.§ 4005.011
INSTITUTIONAL INVESTORS.§ 4005.012
PRIVATE LIMITED OFFERINGS.§ 4005.013
COMPENSATION PLANS AND CONTRACTS.§ 4005.014
MORTGAGES AND LIENS.§ 4005.015
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Bluebook (online)
Texas § 4005.003, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/4005.003.