Texas Business and Commerce Code 604.101 – Required Disclosure of Certain Matters Applicable to Card
Current as of: 2024 | Check for updates
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Terms Used In Texas Business and Commerce Code 604.101
- Contract: A legal written agreement that becomes binding when signed.
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
An expiration date or policy, fee, or other material restriction or contract term applicable to a stored value card must be clearly and conspicuously disclosed at the time the card is sold or issued to a person to enable the person to make an informed decision before purchasing the card.