Texas Business & Commerce Code - Section 40.033. Consideration To Offeror; Limitations
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Texas Lawyer > Business & Commerce Code > Texas Business & Commerce Code - Section 40.033. Consideration To Offeror; Limitations
§ 40.033. CONSIDERATION TO OFFEROR; LIMITATIONS. (a) An
offeror may not notify a person that the person will receive a gift,
a condition of receipt of which requires the person to pay
consideration of any kind or a charge or expense to a person for the
gift, unless the consideration, charge, or expense is fully,
clearly, and conspicuously disclosed.
(b) An offeror may not charge a redemption fee or shipping
fee even if full disclosure of the fee is made.
(c) In this section, "redemption or shipping fee" means any
kind of consideration paid to the offeror. The term does not
include a refundable deposit.
Added by Acts 1997, 75th Leg., ch. 1008, § 4, eff. Sept. 1, 1997.
Section: 40.003 40.004 40.005 40.006 40.007 40.031 40.032 40.033 40.034 40.035 40.036 40.061 40.062 40.063 40.064
Last modified: August 10, 2007
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