Texas Statutes (Last Updated: January 4, 2014) |
BUSINESS AND COMMERCE CODE |
Title 13. CONTESTS AND OTHER PROMOTIONS |
Chapter 621. CONTESTS AND GIFT GIVEAWAYS |
Subchapter A. GENERAL PROVISIONS |
Sec. 621.006. DEPOSIT REQUIREMENTS
Latest version.
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(a) In this section, "refundable deposit" means a deposit that is required to be returned in its entirety to a consumer if:
(1) it is paid by the consumer for a reservation used by the consumer; or
(2) the consumer provides at least five possible reservation dates, none of which can be confirmed.
(b) An offeror may require a refundable deposit for a gift or prize involving lodging, airfare, a trip, or a recreational activity if the deposit requirement is fully, clearly, and conspicuously disclosed.
(c) A condition that restricts the refund of the deposit must be clearly and conspicuously disclosed in at least 10-point type on the solicitation.
Added by Acts 2007, 80th Leg., R.S., Ch. 885 , Sec. 2.01, eff. April 1, 2009.