MAINTENANCE OF RECORDS
Known as the Business Opportunity Act
The act spans §§ 51–51 (37 sections).
Amended by: Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff
(a) A seller shall maintain a complete set of books, records, and accounts of business opportunity sales made by the seller.
(b) A document relating to a business opportunity sold or leased shall be maintained until the fourth anniversary of the date of the business opportunity contract.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.