Texas Statutes
§ 4008.003 — ACTION FOR COLLECTION OF COMMISSION OR COMPENSATION.
Texas § 4008.003
JurisdictionTexas
Code GVGovernment Code
This text of Texas § 4008.003 (ACTION FOR COLLECTION OF COMMISSION OR COMPENSATION.) 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. § 4008.003 (2026).
Text
Sec. 4008.003. ACTION FOR COLLECTION OF COMMISSION OR COMPENSATION.
(a)This section does not apply to a person or company that rendered services in connection with a transaction that is exempt under Subchapter A , Chapter 4005 , or under a rule adopted by the board under Section 4005.024 if the person or company was not required to be registered by the terms of the exemption.
(b)A person or company may not bring or maintain any action in a court of this state for collection of a commission or compensation for services rendered in the sale or purchase of securities unless the person or company alleges and proves that:
(1)the person or company was:
(A)registered under this title; or
(B)exempt from registration under rules adopted under Section 4004.001 ; and
(2)the securities sold were
Free access — add to your briefcase to read the full text and ask questions with AI
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
§ 4008.001
UNENFORCEABILITY OF ILLEGAL CONTRACTS.§ 4008.002
CERTAIN WAIVERS VOID.§ 4008.005
SURVIVABILITY OF ACTION.§ 4008.006
SAVING OF EXISTING RIGHTS AND REMEDIES.§ 4008.053
BUYER LIABILITY.§ 4008.054
NONSELLING ISSUER LIABILITY.§ 4008.055
CONTROLLING PERSON OR AIDER LIABILITY.§ 4008.056
RESCISSION.§ 4008.057
DAMAGES.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 4008.003, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/4008.003.