Advertisements in newspapers or periodicals whose circulation is directed primarily to residents of Texas or placed solely in a local edition of an otherwise nationally distributed newspaper or periodical which offer securities which may not be legally offered to Texas residents should indicate in the text of the advertisement that the securities are not offered for sale to Texas residents.

Source Note: The provisions of this §137.7 adopted to be effective August 12, 1980, 5 TexReg 3043.