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Historical Rule for the Texas Administrative Code

TITLE 22EXAMINING BOARDS
PART 23TEXAS REAL ESTATE COMMISSION
CHAPTER 535PROVISIONS OF THE REAL ESTATE LICENSE ACT
SUBCHAPTER NSUSPENSION AND REVOCATION OF LICENSURE
RULE §535.149Lottery or Deceptive Trade Practice

(a) The elements of a "lottery' are the award or distribution of a prize or prizes by chance and the payment of consideration for the opportunity to win the prize.

(b) The giving of gifts as an inducement for prospective clients is not violative of this section.


Source Note: The provisions of this §535.149 adopted to be effective January 1, 1976.

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