Texas Occupations Code Title 11, Chapter 1801 - Commission Merchants

SUBCHAPTER A GENERAL PROVISIONS

• Texas Section 1801.001 - Definitions
  In this chapter: (1) "Commission merchant" means a person engaged in the business of selling any goods on consignment and for a commission. (2) "Goods"...

SUBCHAPTER B BOND

• Texas Section 1801.002 - Application Of Chapter
  A commission merchant shall meet the requirements of this chapter except to the extent that the person's business as a commission merchant is regulated by...
• Texas Section 1801.051 - Bond Required
  A commission merchant shall file a bond with the county judge of each county in which the commission merchant maintains an office. Acts 1999, 76th...
• Texas Section 1801.052 - Bond Terms And Conditions
  (a) A bond filed under this subchapter must: (1) be in the amount of $3,000; (2) be conditioned on the commission merchant performing duties required...
• Texas Section 1801.053 - Bond Approval
  The bond must be approved by the county judge of each county in which the commission merchant maintains an office. Acts 1999, 76th Leg., ch....
• Texas Section 1801.054 - Recording Of Bond
  The county judge shall file the bond with the county clerk in the same manner as an instrument to perfect a security interest under Chapter...

SUBCHAPTER C COMMISSION MERCHANT DUTIES

• Texas Section 1801.055 - Suit On Bond
  (a) A person damaged by a breach of a condition of the bond may bring suit and recover under the bond. (b) The suit shall...
• Texas Section 1801.101 - Contract Performance
  A commission merchant shall perform all contracts with a consignor of goods. Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.
• Texas Section 1801.102 - Sale Of Goods
  On shipment of a consignment, a commission merchant shall promptly receive and sell the goods under the terms of the consignment contract. Acts 1999, 76th...
• Texas Section 1801.103 - Statements And Receipts Regarding Consignment
  (a) A person who consigns goods to a commission merchant shall send to the commission merchant a written statement stating the quantity, the quality or...
• Texas Section 1801.104 - Accounting
  (a) As soon as the goods are sold, the commission merchant shall send to the consignor a complete itemized account of the sale. (b) The...

SUBCHAPTER D ACTIONS AGAINST COMMISSION MERCHANTS

• Texas Section 1801.105 - Remittance Of Sale Proceeds
  Not later than the fifth day after the date of the sale of consigned goods, a commission merchant shall send to the consignor the total...
• Texas Section 1801.151 - Requirement To Obtain Written License
  (a) A commission merchant must obtain the express written license from the owner or consignor of goods, or a person authorized by the owner or...
• Texas Section 1801.152 - False Charges
  (a) A commission merchant may not charge for mending or patching, roping bales, cooperage or repairing bales, labor, hauling, cartage, storage, or marking or weighing...
• Texas Section 1801.153 - Sale Without Bond
  A person who sells any consigned goods for commission without first making and filing the bond required by Section 1801.051 shall be fined not less...
• Texas Section 1801.154 - Consignor's Remedies
  (a) If a commission merchant fails to comply with a provision of Subchapter C, except Section 1801.103(a), (c), or (d), the commission merchant and the...

Last modified: September 28, 2016