Tex. Business & Commerce Code § 121.003
This is the official text of Tex. Business & Commerce Code § 121.003, part of Texas’s Business & Commerce Code — governs commercial transactions and general business practices.
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§ 121.003. REFERRAL AGENCY PROHIBITED CONDUCT.
Official statutory text
A referral agency may not:
(1) refer a consumer to a senior living community in which the referral agency has an ownership, management, or financial interest;
(2) hold a power of attorney for a consumer or hold a consumer's property in any capacity;
(3) knowingly refer a consumer to a senior living community that is unlicensed and is not exempt from licensing under applicable law;
(4) collect a referral fee when a consumer transfers from one property of a senior living community to another property of the same senior living community unless the consumer has engaged the referral agency to help facilitate the consumer's transfer to another property and the referral agency provided the consumer more than one referral; or
(5) collect a referral fee after the expiration of the referral according to the contract between the referral agency and the senior living community.
(1) refer a consumer to a senior living community in which the referral agency has an ownership, management, or financial interest;
(2) hold a power of attorney for a consumer or hold a consumer's property in any capacity;
(3) knowingly refer a consumer to a senior living community that is unlicensed and is not exempt from licensing under applicable law;
(4) collect a referral fee when a consumer transfers from one property of a senior living community to another property of the same senior living community unless the consumer has engaged the referral agency to help facilitate the consumer's transfer to another property and the referral agency provided the consumer more than one referral; or
(5) collect a referral fee after the expiration of the referral according to the contract between the referral agency and the senior living community.
Status: in_force · Read it on the official government site
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