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House Bill 1535 |
House Author: Flynn et al. |
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Effective: 9-1-19 |
Senate Sponsor: Nichols |
House Bill 1535 amends The Securities Act, Vernon's Texas Civil Statutes, to continue the State Securities Board (SSB) until September 1, 2031. Among other provisions, including across‑the‑board sunset provisions and provisions authorizing payment of a refund to a client or purchaser of securities or services, the bill provides for SSB assistance to a county or district attorney in a criminal case involving an alleged violation of The Securities Act and for a review by the attorney general of a sample of such cases.