(a) The general purposes of this title are to:
- (1) protect investors and, consistent with that purpose, encourage capital formation, job formation, and free and competitive securities markets;
- (2) maximize coordination with federal and other states' laws and administration, particularly with respect to procedure, reports, forms, and exemptions; and
- (3) minimize regulatory burdens on issuers and other persons subject to this title, especially small businesses.
- (b) This title may be construed and implemented to effectuate the title's general purposes.
Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff. January 1, 2022.