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Texas Business & Commerce Code - Section 41.051. Filing Of Disclosure Statement And List Of Sellers

Legal Research Home > Texas Lawyer > Business & Commerce Code > Texas Business & Commerce Code - Section 41.051. Filing Of Disclosure Statement And List Of Sellers

§ 41.051. FILING OF DISCLOSURE STATEMENT AND LIST OF SELLERS. Before the sale or offer for sale, including advertising, of a business opportunity, the principal seller shall register the business opportunity with the secretary of state by filing: (1) a copy of the disclosure statement required by Subchapter D; and (2) a list of the names and resident addresses of the individuals who sell or will sell the business opportunity for the principal seller. Added by Acts 1997, 75th Leg., ch. 1008, § 5, eff. Sept. 1, 1997.

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Last modified: August 10, 2007