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Texas Vernon's Texas Civil Statutes - Article 581-24. Hearings Upon Exception To Actions Of Commissioner

Legal Research Home > Texas Lawyer > Vernon's Texas Civil Statutes > Texas Vernon's Texas Civil Statutes - Article 581-24. Hearings Upon Exception To Actions Of Commissioner

Art. 581-24. HEARINGS UPON EXCEPTION TO ACTIONS OF 
COMMISSIONER.  A. If any person or company should take exception to 
the action of the Commissioner in failing or refusing to register 
and issue certificate for a dealer or investment adviser or 
evidence of registration for an investment adviser representative 
or agent under Section 15 or 18 of this Act, in issuing an order 
under Section 23 or 23-2 of this Act, or in any other particular 
where this Act specifies no other procedure, the complaining party 
may request a hearing before the Commissioner or before a hearings 
officer as now or hereafter required by law.
	B. On complaint by a person aggrieved by a denial of a permit 
for the sale of securities under Section 10 of this article or a 
failure or refusal to register securities under Section 7 of this 
article, the Board or a hearings officer as now or hereafter 
required by law shall conduct a hearing.
	C. Hearings under this Section are subject to the 
requirements of Chapter 2001, Government Code.

Acts 1957, 55th Leg., p. 575, ch. 269, Sec. 24.                               

Amended by Acts 1983, 68th Leg., p. 2688, ch. 465, Sec. 1, eff. 
Sept. 1, 1983;  Acts 1995, 74th Leg., ch. 228, Sec. 14, eff. Sept. 1, 
1995;  Subsec. A amended by Acts 2001, 77th Leg., ch. 1091, Sec. 
3.06, eff. Sept. 1, 2001.

Last modified: August 10, 2007