Texas § BC.52.102 - MANDATORY CONTRACT TERMS
Full text of Texas The Texas Constitution § BC.52.102 — MANDATORY CONTRACT TERMS, with citation guidance and answers to common questions.
§ BC.52.102. MANDATORY CONTRACT TERMS
MANDATORY CONTRACT TERMS. (a) A contract for invention development services must contain in boldfaced type of not less than 10-point size: (1) the payment terms; (2) the contract termination rights required by Section 52.104 ; (3) a full, clear, and concise description of the specific acts or services that the invention developer agrees to perform for the customer; (4) a statement of whether the invention developer agrees to construct, sell, or distribute one or more prototypes, models, or devices embodying the customer's invention; (5) the full name and principal place of business of the invention developer; (6) the name and principal place of business of any parent, subsidiary, or affiliated company that may engage in performing any of the invention development services; (7) if the invention developer makes an oral or written representation of estimated or projected customer earnings, a statement of estimated or projected customer earnings and a description of the data on which the estimation or projection is based; (8) the name and address of the custodian of all records and correspondence pertaining to the invention development services described by the contract; (9) a statement that the invention developer: (A) is required to maintain all records and correspondence relating to performance of the invention development services for the customer until the second anniversary of the date the contract expires; and (B) on seven days' written notice will make the invention development services records and correspondence available to the customer or the customer's representative for review and copying at the customer's reasonable expense on the invention developer's premises during normal business hours; and (10) a time schedule for performance of the invention development services, including an estimated date by which performance is expected to be completed. (b) An invention developer is a fiduciary to the extent that the description of specific acts or services required by Subsection (a)(3) gives the invention developer discretion in determining which acts or services will be performed. 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.52.102
What does The Texas Constitution § BC.52.102 cover?
Section BC.52.102 ("MANDATORY CONTRACT TERMS") 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.52.102?
A common citation format is "The Texas Constitution § BC.52.102" (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.52.102 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.