UNAUTHORIZED RENDERING OF SERVICES AS INVESTMENT ADVISER OR INVESTMENT ADVISER REPRESENTATIVE; OFFENSE.

Tex. GOV'T Code § 4007.202.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
(a) A person commits an offense if the person: (1) renders services as an investment adviser or investment adviser representative; and (2) is not registered as an investment adviser or investment adviser representative as required by this title. (b) An offense under this section is a felony of the third degree. Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171 ), Sec. 1.01, eff. January 1, 2022.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

Starting a business in Texas? Texas LLC guide: costs and requirements