Sec. 222.013.  EXEMPT FROM SECURITIES ACT.  The filing of a registration under this chapter exempts the sale of a membership interest or membership right in a membership camping resort subject to this chapter from registration under The Securities Act (Title 12, Government Code).
Added by Acts 1989, 71st Leg., ch. 2, Sec. 13.03(d), eff. Aug. 28, 1989.
Amended by: 
Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 2.40, eff. January 1, 2022.