Texas § BC.622.052 - PRIZE VALUE LESS THAN
Full text of Texas The Texas Constitution § BC.622.052 — PRIZE VALUE LESS THAN, with citation guidance and answers to common questions.
§ BC.622.052. PRIZE VALUE LESS THAN
PRIZE VALUE LESS THAN $50,000. (a) This chapter does not apply to a sweepstakes in which the value of the most valuable prize is less than $50,000. (b) For purposes of this section, the value of a prize is the greatest of the prize's: (1) face value; (2) fair market value; or (3) present financial value. Added 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.622.052
What does The Texas Constitution § BC.622.052 cover?
Section BC.622.052 ("PRIZE VALUE LESS THAN") 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.622.052?
A common citation format is "The Texas Constitution § BC.622.052" (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.622.052 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.