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Texas Business & Commerce Code

§ 604.103 — VALIDITY OF CARD SOLD WITHOUT REQUIRED DISCLOSURES

BC § 604.103Title 12. RIGHTS AND DUTIES OF CONSUMERS AND MERCHANTS · Ch. 604. SALE OR ISSUANCE OF STORED VALUE CARD · Art. C. REQUIRED DISCLOSURES

Statute text

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A stored value card sold without the disclosure required by this subchapter of an expiration date or policy, fee, or other material restriction or contract term applicable to the card is valid until redeemed or replaced.

Legislative history

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

Source: Texas Business & Commerce Code § 604.103 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.