Sec. 601.055. ALTERNATIVE NOTICE AUTHORIZED FOR CERTAIN CONSUMER TRANSACTIONS. A consumer transaction in which the contract price does not exceed $200 complies with the notice requirements of Sections 601.052 and 601.053 if:
(1) the consumer may at any time cancel the order, refuse to accept delivery of the goods without incurring any obligation to pay for the goods, or return the goods to the merchant and receive a full refund of the amount the consumer has paid; and
(2) the consumer's right to cancel the order, refuse delivery, or return the goods without obligation or charge at any time is clearly and conspicuously stated on the face or reverse side of the sales ticket.
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.
Structure Texas Statutes
Title 12 - Rights and Duties of Consumers and Merchants
Chapter 601 - Cancellation of Certain Consumer Transactions
Subchapter B. Consumer's Right to Cancel Transaction
Section 601.051. Consumer's Right to Cancel
Section 601.052. Notice of Consumer's Right to Cancel Required
Section 601.053. Completed Cancellation Form Required
Section 601.054. Use of Forms and Notices Prescribed by the Federal Trade Commission Authorized
Section 601.055. Alternative Notice Authorized for Certain Consumer Transactions