Report of State Security Sold Through Private Placement

Sec. 1231.084. REPORT OF STATE SECURITY SOLD THROUGH PRIVATE PLACEMENT. A report concerning a state security sold through private placement must state: (1) each component of the private placement fee, including the: (A) management fee; (B) placement agent fee; and (C) expenses; and (2) the placement agent's counsel's fee. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.