Sec. 1304.1531. SERVICE CONTRACT SELLERS; RESPONSIBILITIES. (a) A provider may employ or contract with a seller to be responsible for:
(1) all or any part of the sale or marketing of service contracts for the provider; and
(2) compliance with this chapter in connection with the sale or marketing of service contracts.
(b) The hiring of or contracting with a seller under this section does not affect a provider's responsibility to comply with this chapter.
(c) Unless registered as a provider or administrator, a seller is prohibited from engaging in activities that would require registration as a provider or administrator.
(d) A seller shall process a service contract application and a payment from a consumer in accordance with this chapter and with any sales agreement or contract between the provider and the seller.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1081 (S.B. 1169), Sec. 1.12, eff. September 1, 2011.
Structure Texas Statutes
Title 8 - Regulation of Environmental and Industrial Trades
Chapter 1304 - Service Contract Providers and Administrators
Subchapter D. Practice by Service Contract Providers,
Section 1304.151. Financial Security Requirements; Distribution of Funds Held in Trust
Section 1304.152. Reimbursement Insurance Policy
Section 1304.1521. Financial Security Transition
Section 1304.153. Appointment and Responsibilities of Administrator
Section 1304.1531. Service Contract Sellers; Responsibilities
Section 1304.154. Provider Requirements
Section 1304.155. Provider Records
Section 1304.156. Form of Service Contract and Required Disclosures
Section 1304.157. Residential Service Contracts
Section 1304.1581. Cancellation by Service Contract Holder; Refund
Section 1304.159. Cancellation by Provider; Refund