Tex. Bus. & Com. Code § 51.156 · Subchapter D. DISCLOSURE STATEMENT
CONTENTS: UPDATED FINANCIAL STATEMENT.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
A disclosure statement must contain a copy of a financial statement of the seller that:
(1) was prepared according to generally accepted accounting principles within the previous 13 months; and
(2) has been updated to reflect any material change in the seller's financial condition.
Notes and commentary — not statutory text
History
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BC/htm/BC.51.htm
- Text hash
- sha256 3ee25dc63f60863a28308f195b72818cb043179bb569d515a22c0b30bf8a7548
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.