Texas Business & Commerce Code - Section 40.065. Matched Contest Requirements
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Texas Lawyer > Business & Commerce Code > Texas Business & Commerce Code - Section 40.065. Matched Contest Requirements
§ 40.065. MATCHED CONTEST REQUIREMENTS. (a) The identity
and number of the major prizes to be awarded in a matched contest
shall be determined before the contest begins. That information
shall be disclosed on each entry form distributed.
(b) Each major prize identified on an entry form shall be
awarded.
(c) The contest period may not exceed 12 calendar months.
(d) If, during the contest period, a winning number is not
presented or matched for a major prize, the offeror shall conduct a
drawing from the names of those individuals who have attended a
sales presentation during the contest period. The offeror shall
conduct the drawing not later than the 60th day after the date on
which the contest period ends. Each major prize identified on the
entry forms distributed during the contest period that was not
previously awarded shall be awarded at the time of the drawing.
Added by Acts 1997, 75th Leg., ch. 1008, § 4, eff. Sept. 1, 1997.
Section: 40.034 40.035 40.036 40.061 40.062 40.063 40.064 40.065 40.066 40.067 40.091 40.092 40.093 40.094 40.095
Last modified: August 10, 2007
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