Editing Texas SB140 amendments (section)

=== Step-by-Step Instructions ===
To ensure compliance with the new SB140 requirements, businesses must take the following steps:

# **Consult with Legal Counsel**: Before interpreting the SB140 amendments and their applicability to your business, it's imperative to consult with legal experts familiar with Texas law.
# **Determine Registration Needs**: If your business sends SMS or MMS messages to Texas residents or operates from Texas, you must register with the Texas Secretary of State as a "Solicitor." 
# **Complete Registration**:
   - Fill out the required **Telephone Solicitation Registration Statement**.
   - Pay the **$200 application fee** and a **$10,000 security deposit**, with acceptable forms including a bond, irrevocable letter of credit, or certain certificates of deposit.
   - **Renew registration annually** to avoid penalties.
# **Review FAQs**: Familiarize yourself with the **FAQs published by the Texas Secretary of State** to understand the new registration requirements.
# **Assess Exemptions**: Determine if your business qualifies for any exemptions concerning registration (e.g., communicating with current customers or operating as a nonprofit).