Texas Register
TITLE 22 EXAMINING BOARDS
PART 23TEXAS REAL ESTATE COMMISSION
CHAPTER 539RULES RELATING TO THE RESIDENTIAL SERVICE COMPANY ACT
SUBCHAPTER EDISCLOSURES
RULE §539.41Disclosures
ISSUE 08/25/2017
ACTION Proposed
Preamble No Rule Available
A residential service company that pays persons not employed by the company for the sale, advertising, inspection, or processing of a residential service contract under [Texas Occupations Code] §1303.304 of the Act may not offer to sell a residential service contract unless the contract contains the following statement in at least 10-point bold type: NOTICE: THIS COMPANY PAYS PERSONS NOT EMPLOYED BY THE COMPANY FOR THE SALE, ADVERTISING, INSPECTION, OR PROCESSING OF A RESIDENTIAL SERVICE CONTRACT UNDER TEXAS OCCUPATIONS CODE §1303.304.

The agency certifies that legal counsel has reviewed the proposal and found it to be within the state agency's legal authority to adopt.

Filed with the Office of the Secretary of State on August 11, 2017

TRD-201703100

Kerri Lewis

General Counsel

Texas Real Estate Commission

Earliest possible date of adoption: September 24, 2017

For further information, please call: (512) 936-3092

 

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