Sec. 1371.153.  EXEMPTIONS FOR CERTAIN ADVICE.  This subchapter does not apply to advice to an issuer regarding:
(1)  a loan or a line of credit by a depository institution to an issuer in a transaction not involving the issuance of a public security offered to a third party or parties; or
(2)  a deposit of funds with a depository institution in compliance with another statute of this state.
Added by Acts 2007, 80th Leg., R.S., Ch. 991 (S.B. 1332), Sec. 7, eff. September 1, 2007.