Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Business & Commerce Code § 51.151: DISCLOSURE TO PURCHASER OF BUSINESS OPPORTUNITY.

Where this section sits in the code

BUSINESS AND COMMERCE CODE
TITLE 4. BUSINESS OPPORTUNITIES AND AGREEMENTS
CHAPTER 51. BUSINESS OPPORTUNITIES
SUBCHAPTER D. DISCLOSURE STATEMENT

(a) Except as provided by Section 51.164, a seller must provide a purchaser with a written disclosure statement that meets the requirements of this subchapter.

(b) The seller must provide the disclosure statement at least 10 business days before the earlier of the date:

(1) the purchaser signs a business opportunity contract; or

(2) the seller receives any consideration.

Amended by:

Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.

Collected 2026-08-27T01:46:56Z. Source file · JSON

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