Sec. 2352.0524. CURE OF DEFAULT. (a) Except as provided by Section 2352.053(d)(3), (8), or (9), a manufacturer or distributor must give a dealer written notice of a default under Section 2352.0523 and allow the dealer to cure the default within a cure period as provided by Subsection (b).
(b) A dealer must cure a default not later than the:
(1) 30th day after the date of receipt of notice of a default under Section 2352.0523(a)(2) or (b)(4);
(2) 60th day after the date of receipt of notice of a default under Section 2352.0523(b)(2) or (3);
(3) 90th day after the date of receipt of notice of a default under Section 2352.0523(a)(1); or
(4) 180th day after the date of receipt of notice of a default under Section 2352.0523(b)(1).
Added by Acts 2011, 82nd Leg., R.S., Ch. 1148 (H.B. 1960), Sec. 4, eff. September 1, 2011.
Section: Previous 2352.001 2352.051 2352.052 2352.0521 2352.0522 2352.0523 2352.0524 2352.053 2352.101 2352.102 2352.103 2352.104 2352.105 2352.1051 2352.106 NextLast modified: September 28, 2016