Texas Register, Volume 8, Number 81, Pages 4521-4626, November 4, 1983 Page: 4,532
4521-4626 p. ; 28 cm.View a full description of this periodical.
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sell securities under the Securities Act, 5.1(c), since
Senate Bill 106, 68th Legislature, which became ef-
fective September 1, 1983, eliminated the require-
ment that such form be filed to claim the exemption
provided by the Securities Act, 5.1(c).
William Kuntz, Ser, rities Registration Division direc-
tor, has deterrinud that for the first five year period
the repeal will ,e in effect there will be no fiscal im-
plications for state or local government as a result of
the repeal.
Mr. Kuntz also has determined that for each year of
the first five years the repeal is in effect the public
benefit anticipated as a result of the repeal will be that
confusion will be eliminated since Senate Bill 106,
68th Legislature, effective September 1, 1983,
eliminated the requirement that entities relying on the
exemption provided by the Securities Act, 5.1(c), be
required to file such form There is no anticipated
economic cost to individuals as a result of the repeal.
Comments on the proposal may be submitted to
Denise Voigt Crawford, State Securities Board, P.O.
Box 13167, Austin, Texas 78711-3167.
The repeal of this section is proposed under Texas Civil
Statutes, Article 581-28-1, which authorize the board
to repeal prior rules and regulations.
S133.4. I .er'l Nonce fi' L \('Iplion to Sell Securities
Undel 5. I).
This agency hereby certifies that the proposal has
been reviewed by legal counsel and found to be within
the agency's authority to adopt.
Issued in Austin, Texas. on October 26, 1983.TRD-838688
Richard D Latham
Commissioner
State Securities BoardEarliest possible date of adoption-
December 5, 1983
For further information, please call (512) 474-2233.
7 TAC 133.26
(Editor's note: The text of the following rule proposed
for repeal will not be published. The rule may be ex-
amined in the offices of the State Securities Board,
1800 San Jacinto Street, Austin, or in the Texas Reg-
ister office, Room 503E, Sam Houston Building, 201
East 14th Street, Austin.)
The State Securities Board proposes the repeal of
133.26, concerning offeror's notice of tender offer,
since the form is no longer necessary given the repeal
effective October 26, 1983, of the administrative
guidelines for minimum standards in tender offers
William Kuntz, Securities Registration Division direc-
tor, has determined that for the first five-year period
the repeal will be in effect there will be no fiscal im-
plications for state or local government as a result of
the repeal.Mr. Kuntz also has determined that for each year of
the first five years the repeal is in effect the public
benefit anticipated as a result of the repeal will be that
confusion will be eliminated since the form is no longer
necessary given the repeal effective October 26,
1983, of the administrative guidelines for minimum
standards in tender offers. There is no anticipated
economic cost to individuals as a result of the repeal.
Comments on the proposal may be submitted to
Denise Voigt Crawford, State Securities Board, P.O.
Box 13167, Austin, Texas 78711-3167.
The repeal of this section is proposed under Texas Civil
Statutes, Article 581-28 1, which authorize the board
to repeal prior rules and regulations.
133.26. O[feror's Notice of Tender O[fer.
This agency hereby certifies that the proposal has
been reviewed by legal counsel and found to be within
the agency's authority to adopt.
Issued in Austin, Texas, on October 26, 1983.
TRD-838683 Richard D. Latham
Commissioner
State Securities Board
Earliest possible date of adoption.
December 5, 1983
For further information, please call (512) 474-2233.
7 TAC 133.27
(Editor's note: The text of the following rule proposed
for repeal will not be published. The rule may be ex-
amined in the offices of the State Securities Board,
1800 San Jac/nto Street, Austin, or in the Texas Reg-
ister office, Room 503E, Sam Houston Building, 201
East 14th Street, Austin.)
The State Securities Board proposes the repeal of
133.27, concerning offeror's supplemental notice of
tender offer, since the form is no longer necessary
given the repeal effective October 26, 1983, of the
administrative guidelines for minimum standards in
tender offers.
William Kuntz, Securities Registration Division direc-
tor, has determined that for the first five-year period
the repeal will be in effect there will be no fiscal im-
plications for state or local government as a result of
the repeal.
Mr. Kuntz also has determined that for each year of
the first five years the repeal is in effect the public
benefit anticipated as a result of the repeal will be that
confusion will be eliminated since the form is no longer
necessary given the repeal effective October 26,
1983. of the administrative guidelines for minimum
standards in tender offers. There is no anticipated
economic cost to individuals as a result of the repeal.
Comments on the proposal may be submitted to
Denise Voigt Crawford, State Securities Board, P.O.
Box 13167, Austin, Texas 78711-3167.8 TexReg 4532 November 4, 1983
Texas
Register
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Texas. Secretary of State. Texas Register, Volume 8, Number 81, Pages 4521-4626, November 4, 1983, periodical, November 4, 1983; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth244537/m1/12/: accessed July 18, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.