Texas Statutes
Subchapter C. Continuing Care Contracts and Disclosure Statements
Section 246.047. Contents of Disclosure Statement: Physical Property

Sec. 246.047. CONTENTS OF DISCLOSURE STATEMENT: PHYSICAL PROPERTY. (a) The disclosure statement must provide the location and a description of the proposed or existing physical property of the facility.
(b) If the physical property of the facility is proposed, the disclosure statement must state:
(1) the estimated completion date;
(2) whether construction has begun; and
(3) any contingencies under which construction may be deferred.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.