Sec. 51.203. EFFECT OF ASSIGNMENT OF BUSINESS OPPORTUNITY CONTRACT. An assignee of a business opportunity contract or of the seller's rights under the contract is subject to all equities, rights, and defenses of the purchaser against the seller.
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 E. Business Opportunity Contract
Section 51.201. Form of Business Opportunity Contract
Section 51.202. Delivery of Copies of Documents to Purchaser
Section 51.203. Effect of Assignment of Business Opportunity Contract