{"data":{"id":"us-tx/tex.-business-commerce-code-51.201","jurisdiction":"us-tx","citation":"Tex. Business \u0026 Commerce Code § 51.201","heading":"FORM OF BUSINESS OPPORTUNITY CONTRACT.","body":"A business opportunity contract must be in writing and include, in 10-point type or in handwriting of an equivalent size, the following:\n(1) the terms of payment, including the initial consideration, down payment, and additional payments required;\n(2) a detailed description of the acts or services the seller undertakes to perform for the purchaser;\n(3) the seller's principal business address;\n(4) the name and address of the seller's agent in this state authorized to receive service of process;\n(5) the delivery date or, if the contract provides for staggered delivery times to the purchaser, the approximate delivery date of the products, equipment, or supplies the seller is to:\n(A) deliver to the purchaser's home or business address; or\n(B) place at a location owned or managed by a person other than the purchaser; and\n(6) a complete description of the nature of the buy-back or security arrangement if the seller has represented orally or in writing when selling, leasing, soliciting, or offering a business opportunity that there is a buy-back or that the initial consideration is secured.\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 E. BUSINESS OPPORTUNITY CONTRACT"],"source_url":"https://statutes.capitol.texas.gov/Docs/BC/htm/BC.51.htm#51.201","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:56Z","sha256":"196714756e29f52aa45982d6527db449b649fdff4386d14d26c1078136fb20f1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-commerce-code-51.164","next":"us-tx/tex.-business-commerce-code-51.202"},"notice":"GroundRules: Original legal text. Not legal advice."}