TITLE 7. BANKING AND SECURITIES
PART 7. STATE SECURITIES BOARD
CHAPTER 133. FORMS
7 TAC §133.8
The Texas State Securities Board adopts the repeal of §133.8, which adopts by reference a form concerning Consent to Service, without changes to the proposed text as published in the June 30, 2023, issue of the Texas Register (48 TexReg 3451). The repealed rule will not be republished.
The rule and Form 133.8 are repealed because they are no longer needed due to the availability of a uniform form that serves this purpose. The uniform Form U-2, Uniform Consent to Service of Process, has long been recognized by the Board in Rule 133.33 as accepted for filing with the Agency as an alternative to Form 133.8.
A form that is no longer needed will be eliminated.
No comments were received regarding adoption of the repeal.
The repeal is adopted under the authority of the Texas Government Code, Section 4002.151. Section 4002.151 provides the Board with the authority to adopt rules as necessary to implement the provisions of the Texas Securities Act, including rules governing registration statements, applications, notices, and reports; defining terms; classifying securities, persons, and matters within its jurisdiction; and prescribing different requirements for different classes.
The repeal affects: none applicable.
The agency certifies that legal counsel has reviewed the adoption and found it to be a valid exercise of the agency's legal authority.
Filed with the Office of the Secretary of State on December 1, 2023.
TRD-202304432
Travis J. Iles
Securities Commissioner
State Securities Board
Effective date: December 21, 2023
Proposal publication date: June 30, 2023
For further information, please call: (512) 305-8303