| (a) An auction of property by live bid call, if the
property is solely bid upon through the internet, is not subject to
this chapter or Texas Occupations Code, Chapter 1802 and is exempt
under §1802.002(4).
(b) For purposes of this chapter and Texas Occupations
Code, Chapter 1802, the sale of real or personal property is not considered
to be a competitive bid subject to this chapter if all of the material
terms of the transaction other than price are not the same.
(c) This chapter does not apply to a person providing
an online platform to facilitate an auction.
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