Texas Statutes
§ 4008.103 — DAMAGES.
Texas § 4008.103
JurisdictionTexas
Code GVGovernment Code
This text of Texas § 4008.103 (DAMAGES.) 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. § 4008.103 (2026).
Text
Sec. 4008.103. DAMAGES. In damages under Section 4008.101 (b), the purchaser is entitled to recover:
(1)the amount of any consideration paid for the services, less the amount of any income the purchaser received from acting on the services;
(2)any loss incurred by the purchaser in acting on the services provided by the investment adviser or investment adviser representative;
(3)interest at the legal rate for judgments accruing from the date the purchaser paid the consideration; and
(4)to the extent the court considers equitable, court costs and reasonable attorney's fees.
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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
§ 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 § 4008.103, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/4008.103.