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TITLE 7BANKING AND SECURITIES
PART 7STATE SECURITIES BOARD
CHAPTER 116INVESTMENT ADVISERS AND INVESTMENT ADVISER REPRESENTATIVES
RULE §116.18Special Provisions Relating to Military Applicants

        (II) authorizes the individual to engage in the specified activity.

    (D) To continue to conduct business without registration in Texas, or a notice filing pursuant to §116.1(b)(2) of this chapter, under Option 2, after the expiration of the initial confirmation under subparagraph (C)(ii), the military spouse must renew annually on the same schedule as renewals of registration. This enables the Registration Division to determine that the military spouse remains eligible under Occupations Code, §55.0041, to continue to conduct securities activities in Texas without being registered.

      (i) A renewal is made by submitting the same documents identified in subparagraph (C)(i) of this paragraph.

      (ii) A renewal is not effective until the military spouse receives confirmation that the Registration Division:

        (I) has verified the individual's license in another jurisdiction; and

        (II) authorizes the individual to engage in specified activity.


Source Note: The provisions of this §116.18 adopted to be effective June 13, 2012, 37 TexReg 4186; amended to be effective March 1, 2014, 39 TexReg 493; amended to be effective February 24, 2016, 41 TexReg 1224; amended to be effective November 12, 2019, 44 TexReg 6865; amended to be effective November 21, 2021, 46 TexReg 7781

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