Texas § BC.51.301 - PROHIBITED ACTS
Full text of Texas The Texas Constitution § BC.51.301 — PROHIBITED ACTS, with citation guidance and answers to common questions.
§ BC.51.301. PROHIBITED ACTS
PROHIBITED ACTS. A seller may not: (1) employ a representation, device, scheme, or artifice to deceive a purchaser; (2) make an untrue statement of a material fact or omit to state a material fact in connection with the documents and information required to be provided to the secretary of state or purchaser; (3) represent that the business opportunity provides or will provide income or earning potential unless the seller: (A) has documented data to substantiate the representation of income or earning potential; and (B) discloses the data to the purchaser when the representation is made; or (4) make a claim or representation that is inconsistent with the information required to be disclosed by this chapter in: (A) advertising or other promotional material; or (B) an oral sales presentation, solicitation, or discussion between the seller and the purchaser. Amended by: Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278 ), Sec. 2.01, eff. April 1, 2009.
Frequently Asked Questions About Texas § BC.51.301
What does The Texas Constitution § BC.51.301 cover?
Section BC.51.301 ("PROHIBITED ACTS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § BC.51.301?
A common citation format is "The Texas Constitution § BC.51.301" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § BC.51.301 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.