Tex. Business & Commerce Code § 51.153
This is the official text of Tex. Business & Commerce Code § 51.153, part of Texas’s Business & Commerce Code — governs commercial transactions and general business practices.
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§ 51.153.
Official statutory text
Sec. 51.153. CONTENTS: NAMES AND ADDRESSES. A disclosure statement must contain:
(1) the name of the seller;
(2) each name under which the seller has transacted, is transacting, or intends to transact business;
(3) the name of any parent or affiliated company that will engage in a business transaction with the purchaser or that takes responsibility for statements made by the seller; and
(4) the names, addresses, and titles of:
(A) the seller's officers, directors, trustees, general partners, general managers, and principal executives;
(B) shareholders owning more than 20 percent of the shares of the seller; and
(C) any other persons responsible for the seller's business activities relating to the sale of business opportunities.
(1) the name of the seller;
(2) each name under which the seller has transacted, is transacting, or intends to transact business;
(3) the name of any parent or affiliated company that will engage in a business transaction with the purchaser or that takes responsibility for statements made by the seller; and
(4) the names, addresses, and titles of:
(A) the seller's officers, directors, trustees, general partners, general managers, and principal executives;
(B) shareholders owning more than 20 percent of the shares of the seller; and
(C) any other persons responsible for the seller's business activities relating to the sale of business opportunities.
Status: in_force · Read it on the official government site
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