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

Tex. Business & Commerce Code § 51.153: CONTENTS: NAMES AND ADDRESSES.

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Where this section sits in the code
  1. BUSINESS AND COMMERCE CODE
  2. TITLE 4. BUSINESS OPPORTUNITIES AND AGREEMENTS
  3. CHAPTER 51. BUSINESS OPPORTUNITIES
  4. 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

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