Effect of Compliance Or Noncompliance

Sec. 4003.206. EFFECT OF COMPLIANCE OR NONCOMPLIANCE. (a) An offer to sell a security that complies with Section 4003.203 or 4003.204 does not violate Subchapter A, B, or C. (b) An offer to sell a security that does not comply with Section 4003.203 or 4003.204 violates this title. Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff. January 1, 2022. SUBCHAPTER F. CROWDFUNDING