Texas Statutes (Last Updated: January 4, 2014) |
BUSINESS AND COMMERCE CODE |
Title 12. RIGHTS AND DUTIES OF CONSUMERS AND MERCHANTS |
Chapter 604. SALE OR ISSUANCE OF STORED VALUE CARD |
Subchapter C. REQUIRED DISCLOSURES |
Sec. 604.101. REQUIRED DISCLOSURE OF CERTAIN MATTERS APPLICABLE TO CARD
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An expiration date or policy, fee, or other material restriction or contract term applicable to a stored value card must be clearly and conspicuously disclosed at the time the card is sold or issued to a person to enable the person to make an informed decision before purchasing the card.
Added by Acts 2007, 80th Leg., R.S., Ch. 885 , Sec. 2.01, eff. April 1, 2009.