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Tex. Property Code § 221.053

This is the official text of Tex. Property Code § 221.053, part of Texas’s Property Code — governs real property, landlord-tenant law, and property transactions.

Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.

§ 221.053. EXCHANGE COMPANY LIABILITY.

Official statutory text

Except for written information or audio-visual materials provided to a developer by an exchange company, an exchange company does not incur liability as a result of:

(1) a representation made by a developer that relates to any exchange program or exchange company; or

(2) the use, delivery, or publication by a developer of information that relates to an exchange program or exchange company.

Status: in_force · Read it on the official government site

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