Tex. Business & Commerce Code § 51.153: CONTENTS: NAMES AND ADDRESSES.
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 disclosure statement must contain:
(1) the name of the seller;
(2) each name under which the seller has transacted, is transacting, or intends to transact business;
(3) the name of any parent or affiliated company that will engage in a business transaction with the purchaser or that takes responsibility for statements made by the seller; and
(4) the names, addresses, and titles of:
(A) the seller's officers, directors, trustees, general partners, general managers, and principal executives;
(B) shareholders owning more than 20 percent of the shares of the seller; and
(C) any other persons responsible for the seller's business activities relating to the sale of business opportunities.
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