Texas Business & Commerce Code

§ 302.053 — EXEMPTION: PERSONS REGULATED BY OTHER LAW

BC § 302.053Title 10. USE OF TELECOMMUNICATIONS · Part A. TELEPHONES · Ch. 302. REGULATION OF TELEPHONE SOLICITATION · Art. B. EXEMPTIONS

Statute text

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This chapter does not apply to:

(1)a person offering or selling a security that has been qualified for sale under Chapter 4003, Government Code, or that is subject to an exemption under Chapter 4005, Government Code;

(2)a publicly traded corporation registered with the Securities and Exchange Commission or the State Securities Board, or a subsidiary or agent of the corporation;

(3)a person who holds a license issued under the Insurance Code if the solicited transaction is governed by that code;

(4)a supervised financial institution or a parent, a subsidiary, or an affiliate of a supervised financial institution;

(5)a person whose business is regulated by the Public Utility Commission of Texas or an affiliate of that person, except that this chapter applies to such a person or affiliate only with respect to one or more automated dial announcing devices;

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Legislative history

Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 2.03, eff. January 1, 2022.