Which of the following statements is true regarding the licensing of a foreign entity under Texas law?

The statement regarding the licensing of a foreign entity under Texas law that is true is that they must still comply with registration requirements. In Texas, foreign entities, which are businesses formed under the laws of another state or country, are required to register with the state if they are conducting business activities within Texas. This ensures that the entity is recognized legally and can operate within the state while adhering to local laws, regulations, and standards.

Registration is an essential step that provides accountability and transparency in the business operations of foreign entities. It allows for the enforcement of consumer protection laws and helps maintain the integrity of the business environment in Texas. Compliance with these requirements is crucial for foreign entities to avoid legal issues and to ensure that they can legally operate and enter contracts within the state.

The other options suggest scenarios where foreign entities would not need to follow certain regulations, which is not accurate. They cannot be completely exempt from state regulations, do require registration, and self-regulating their operations without adherence to state requirements is not permissible.