Texas Statutes (Last Updated: January 4, 2014) |
OCCUPATIONS CODE |
Title 11. REGULATION OF SALES AND SOLICITATION |
Chapter 1801. COMMISSION MERCHANTS |
Subchapter C. COMMISSION MERCHANT DUTIES |
Sec. 1801.105. REMITTANCE OF SALE PROCEEDS
Latest version.
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Not later than the fifth day after the date of the sale of consigned goods, a commission merchant shall send to the consignor the total amount received from the sale less the commission merchant's commission.
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.