Texas Business and Commerce Code 51.051 – Filing of Disclosure Statements and List of Sellers
Current as of: 2024 | Check for updates
|
Other versions
Before a sale or offer for sale, including advertising, of a business opportunity, the principal seller must register the business opportunity with the secretary of state by filing:
(1) a copy of the disclosure statement required by Subchapter D, except as provided by Section 51.053; and
(2) a list of the name and resident address of any individual who sells or will sell the business opportunity for the principal seller.