Bill
HB 1744
Relating to the personal liability of control persons and material aiders under the Texas Securities Act; excluding claims from proportionate responsibility under Chapter 33 of the Texas Civil Practice and Remedies Code.
89th Legislature (2025)
Introduced by Andy Hopper and 5 co-sponsors
HB 1744 removes proportionate liability protections for securities control persons and material aiders in Texas, exposing them to potentially full liability for violations.
Referred to Pensions, Investments & Financial Services