The exemption provided by Section 4005.001 applies to the sale of a security made:
(1) at a judicial, executor's, administrator's, guardian's, or conservator's sale; or
(2) by a receiver or trustee in insolvency or bankruptcy.
Tex. Gov't Code § 4005.002
COURT SUPERVISED SALES
Known as the The Securities Act
The act spans §§ 4001.001 to 4008.105 (251 sections).
Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.