Texas Business & Commerce Code - Section 38.151. Disclosure Of Certain Names, Addresses, And Organizational Information
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Texas Lawyer > Business & Commerce Code > Texas Business & Commerce Code - Section 38.151. Disclosure Of Certain Names, Addresses, And Organizational Information
§ 38.151. DISCLOSURE OF CERTAIN NAMES, ADDRESSES, AND
ORGANIZATIONAL INFORMATION. A registration statement must
contain:
(1) the seller's name and the name under which the
seller is doing or intends to do business, if different from the
seller's name;
(2) the name of each parent and affiliated
organization of the seller that:
(A) will engage in business transactions with
purchasers relating to sales solicited by the seller; or
(B) accepts responsibility for statements made
by, or acts of, the seller relating to sales solicited by the
seller;
(3) the seller's business form and place of
organization;
(4) if the seller is a corporation, a copy of its
articles of incorporation and bylaws;
(5) if the seller is a partnership, a copy of the
partnership agreement;
(6) if the seller is operating under an assumed
business name, the location where the assumed name has been
registered;
(7) for any parent or affiliated organization
disclosed under Subdivision (2), the applicable information that is
required of a seller under Subdivisions (3)-(6);
(8) the complete street address of each location of
the seller, designating the principal location from which the
seller will be conducting business;
(9) if the principal business location of the seller
is not in this state, a designation of its main location in the
state;
(10) a listing of each telephone number to be used by
the seller and the address where each telephone using the number is
located;
(11) the name and title of each of the seller's
officers, directors, trustees, general and limited partners, sole
proprietor, and owners, as applicable, and the name of each of those
persons who has management responsibilities in connection with the
seller's business activities;
(12) the complete address of the principal residence,
the date of birth, and the number and state of issuance of the
driver's license of each person whose name is disclosed under
Subdivision (11);
(13) the name and principal residence address of each
person the seller leaves in charge at each location from which the
seller does business in this state and the business location at
which each of these persons is or will be in charge;
(14) the name and principal residence address of each
salesperson who solicits on behalf of the seller or a copy of the
"Employer's Quarterly Report" for employee wages the seller files
with the Texas Workforce Commission and the name the salesperson
uses while soliciting;
(15) the name and address of the seller's agent in this
state, other than the secretary of state, authorized to receive
service of process; and
(16) the name and address of each financial
institution with which banking or similar monetary transactions are
made by the seller and the identification number of each of the
seller's accounts in each institution.
Added by Acts 1997, 75th Leg., ch. 1008, § 2, eff. Sept. 1, 1997.
Section: 38.102 38.103 38.104 38.105 38.106 38.107 38.108 38.151 38.152 38.153 38.201 38.202 38.203 38.251 38.252
Last modified: August 10, 2007
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