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Texas Business & Commerce Code

§ 51.155 — CONTENTS: SERVICES DESCRIPTION

BC § 51.155Title 4. BUSINESS OPPORTUNITIES AND AGREEMENTS · Ch. 51. BUSINESS OPPORTUNITIES · Art. D. DISCLOSURE STATEMENT

Statute text

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A disclosure statement must contain:
(1)a detailed description of the actual services the seller undertakes to perform for the purchaser; and
(2)if the seller promises to perform services in connection with the placement of products, equipment, or supplies at a location:
(A)the full nature of those services; and
(B)the nature of any agreements to be made with the owners or managers of that location. Amended by:

Legislative history

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

Source: Texas Business & Commerce Code § 51.155 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.