The board by rule shall authorize a federal covered investment adviser or a representative of a federal covered investment adviser to render services as an investment adviser in this state if the commissioner receives:

1. (1) a notice filing submitted by the adviser or representative that:

   1. (A) is on the form and contains the information the commissioner prescribes; and
   2. (B) if applicable, contains a consent to service appointing the commissioner as the adviser's attorney for service of process, as required by Section 4001.102; and
2. (2) a notice filing fee in the amount determined under Chapter 4006.

Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff. January 1, 2022.