Sec. 51.154. CONTENTS: SALES PERIODS. A disclosure statement must:
(1) specify the period during which the seller has sold business opportunities; and
(2) specify the period during which the seller has sold business opportunities involving the products, equipment, supplies, or services the seller is offering to the purchaser.
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 D. Disclosure Statement
Section 51.151. Disclosure to Purchaser of Business Opportunity
Section 51.152. Cover Sheet of Disclosure Statement
Section 51.153. Contents: Names and Addresses
Section 51.154. Contents: Sales Periods
Section 51.155. Contents: Services Description
Section 51.156. Contents: Updated Financial Statement
Section 51.157. Contents: Training Description
Section 51.158. Contents: Security Description
Section 51.159. Contents: Delivery Date; Cancellation of Contract
Section 51.160. Contents: Sales or Earnings Representation
Section 51.161. Contents: Legal Action History
Section 51.162. Contents: Bankruptcy or Reorganization
Section 51.163. Contents: Contract Copy
Section 51.164. Use of Disclosure Document From Other Regulatory Agency