Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 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.Tex. Bus. and Comm. Code § 51.153
Amended By Acts 2007, 80th Leg., R.S., Ch. 885, Sec. 2.01, eff. 4/1/2009.