Tex. Prop. Code § 221.053

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 221.053 - Exchange Company Liability

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.

Tex. Prop. Code § 221.053

Added by Acts 1987, 70th Leg., ch. 167, Sec. 6.03, eff. 9/1/1987. Renumbered from Sec. 201.053 by Acts 1989, 71st Leg., ch. 2, Sec. 13.03(b), eff. 8/28/1989.