The 1975 Amendments to the Texas Business Corporation Act and the Texas Securities Act

Date

1975

Journal Title

Journal ISSN

Volume Title

Publisher

Texas Tech Law Review

Abstract

Discusses the main amendments to the securities act which include exemptions from registration, rule-making authority for the Texas Securities Board, clarifications of sec 334 of the Act, and a remedy to receivership in certain cases brought by the attorney general. The author believes the 1975 amendments appear to have resolved a number of problems in this area of the law. However, the author foresees future problems that might arise once the amendments are put into practice.

Description

Keywords

Texas Business Corporation Act, Texas Securities Act, Model Business Corporation Act, Uniform Commercial Code

Citation

6 Tex. Tech L. Rev. 951