{"data":{"id":"us-tx/tex.-business-commerce-code-51.151","jurisdiction":"us-tx","citation":"Tex. Business \u0026 Commerce Code § 51.151","heading":"DISCLOSURE TO PURCHASER OF BUSINESS OPPORTUNITY.","body":"(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.\n(b) The seller must provide the disclosure statement at least 10 business days before the earlier of the date:\n(1) the purchaser signs a business opportunity contract; or\n(2) the seller receives any consideration.\nAmended by:\nActs 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.","path":["BUSINESS AND COMMERCE CODE","TITLE 4. BUSINESS OPPORTUNITIES AND AGREEMENTS","CHAPTER 51. BUSINESS OPPORTUNITIES","SUBCHAPTER D. DISCLOSURE STATEMENT"],"source_url":"https://statutes.capitol.texas.gov/Docs/BC/htm/BC.51.htm#51.151","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:56Z","sha256":"e8aea94ff8dbefbaafa6a2cb4225a572c756ba8d6656e70b475b58023c72af15","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-commerce-code-51.102","next":"us-tx/tex.-business-commerce-code-51.152"},"notice":"GroundRules: Original legal text. Not legal advice."}