Texas Business & Commerce Code

§ 604.151 — APPLICABILITY OF SUBCHAPTER

BC § 604.151Title 12. RIGHTS AND DUTIES OF CONSUMERS AND MERCHANTS · Ch. 604. SALE OR ISSUANCE OF STORED VALUE CARD · Art. D. REDEMPTION OF CERTAIN LOW-VALUE CARDS

Statute text

View on source

(a)This subchapter does not apply to a stored value card:

(1)described by Sections 604.002(1)-(3);

(2)issued as a refund for merchandise returned without a receipt; or

(3)that has an initial value of $5 or less and to which additional value cannot be added.

(b)Except as otherwise provided by Subsection (a), Section 604.002 does not apply to this subchapter.

Legislative history

Added by Acts 2015, 84th Leg., R.S., Ch. 655 (H.B. 2391), Sec. 1, eff. September 1, 2015.