Sec. 601.152. FAILURE TO INFORM OR MISREPRESENTATION OF RIGHT TO CANCEL. A merchant may not:
(1) at the time the consumer signs the contract pertaining to a consumer transaction or purchases the goods, services, or real property, fail to inform the consumer orally of the right to cancel the transaction; or
(2) misrepresent in any manner the consumer's right to cancel.
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 D. Prohibited Acts and Conduct by Merchant
Section 601.151. Confession of Judgment or Waiver of Rights
Section 601.152. Failure to Inform or Misrepresentation of Right to Cancel
Section 601.153. Transfer of Indebtedness During Certain Period
Section 601.154. Failure to Take Certain Actions Following Receipt of Notice of Cancellation