Gavvy: Texas Department of Banking, Rule 33.27 What Fees Must I Pay to Get and Maintain A License?

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Rule 109.8 Initial Offering Completed

The phrase "initial offering of the securities has been completed," used in §4005.020 of the Act, means that any nonexempt public distribution of such securities has been completely sold to the public.

Source Note: The provisions of this §109.8 adopted to be effective January 1, 1976; amended to be effective July 18, 2024, 49 TexReg 5141

Gavvy last updated this database on: Aug 7, 2024