This is a clone of the Texas Administrative Code (TAC) for educational purposes. It is not the official version and should not be used for legal purposes. Site created Wed, 21 May 2025 21:16:38 GMT
All of the terms used in these rules have the same meaning as defined in Texas Government Code, Chapter 4001, Subchapter B of the Texas Securities Act. In addition, the Board may from time to time define and interpret certain terms, whether or not used in the Act, insofar as the definition and interpretation are not inconsistent with the purpose fairly intended by the policy and provisions of the Act.