Sec. 4005.022.  ISSUER SALES OF EXEMPT SECURITIES.  (a)  The exemption provided by Section 4005.001 applies to the sale by the issuer itself or by a subsidiary of the issuer of any securities that would be exempt under Subchapter B if sold by a registered dealer.
(b)  This section does not apply to securities that would be exempt under Section 4005.053.
Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff. January 1, 2022.