Sec. 51.052. UPDATING OF INFORMATION ON FILE. (a) A copy of a disclosure statement filed under Section 51.051 must be updated through a new filing:
(1) annually; and
(2) when a material change occurs.
(b) The list filed under Section 51.051(2) must be updated through a new filing every six months.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.
Structure Texas Statutes
Title 4 - Business Opportunities and Agreements
Chapter 51 - Business Opportunities
Subchapter B. Registration of Business Opportunity
Section 51.051. Filing of Disclosure Statements and List of Sellers
Section 51.052. Updating of Information on File
Section 51.053. Filing of Disclosure Document From Other Regulatory Agency
Section 51.054. Filing of Copy of Bond or Notification of Account