Sec. 431.273. EXEMPTION FROM LICENSING

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(a) A person is exempt from licensing under this subchapter if the person engages only in the following types of device distribution:
(1) intracompany sales;
(2) distribution from a place of business located outside of this state; or
(3) the sale, purchase, or trade of a distressed or reconditioned device by a salvage broker or a salvage operator licensed under Chapter 432 (Texas Food, Drug, Device, and Cosmetic Salvage Act).
(b) An exemption from the licensing requirements under this section does not constitute an exemption from the other provisions of this chapter or the rules adopted by the board to administer and enforce this chapter.

Added by Acts 1993, 73rd Leg., ch. 440, Sec. 3, eff. Sept. 1, 1993. Amended by Acts 1995, 74th Leg., ch. 1047, Sec. 3, eff. Sept. 1, 1995.

                    
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