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 12/01/2017
ACTION Final/Adopted
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 §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 adoption and found it to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on November 16, 2017

TRD-201704642

Kerri Lewis

General Counsel

Texas Real Estate Commission

Effective date: January 1, 2018

Proposal publication date: August 25, 2017

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

 

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