Texas Business & Commerce Code

§ 302.202 — DISCLOSURES REQUIRED BEFORE PURCHASE

BC § 302.202Title 10. USE OF TELECOMMUNICATIONS · Part A. TELEPHONES · Ch. 302. REGULATION OF TELEPHONE SOLICITATION · Art. E. ADDITIONAL INFORMATION FROM SELLER

Statute text

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When a telephone solicitation is made and before consummation of any sales transaction, a seller shall provide to each purchaser:

(1)the complete street address of the location from which the salesperson is calling the purchaser and, if different, the complete street address of the seller's principal location;

(2)if the seller represents or implies that a purchaser will receive without charge a specified item or one item from among designated items, regardless of whether the items are designated as gifts, premiums, bonuses, prizes, or otherwise:

(A)the information required to be filed by Sections 302.153(b)(4) and (5)(A) and (B), as appropriate; and

(B)the total number of individuals who have actually received from the seller during the preceding 12 months the item having the greatest value and the item with the smallest odds of being received;

(3)if the seller is offering to sell an interest in an oil, gas, or mineral field, well, or exploration site, the information required by Section 302.153(h); and

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Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.