Sec. 1303.255. CANCELLATION OF CONTRACT

Latest version.

A residential service company may not cancel a residential service contract during the initial term for which the contract is issued unless:
(1) the contract holder does not pay a fee or charge due under the terms of the contract;
(2) the contract holder engages in fraud or misrepresentation of facts material to the issuance of the contract; or
(3) an interest in the residential property covered under the contract is sold, and the contract is contingent on an interest in the property not being sold.

Added by Acts 2001, 77th Leg., ch. 1421, Sec. 3, eff. June 1, 2003.

                    
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