Section 621.104 - Required Disclosures Relating to Matched Contest(a) A person who uses a matched contest shall clearly and conspicuously disclose in writing in the offer:(1) that attendance at a sales presentation is required;(2) the name and street address of the person who is soliciting attendance at a sales presentation;(3) a description of the product or service being sold;(4) each requirement, restriction, qualification, and other condition that must be satisfied for a person to enter the contest, including:(A) any deadline by which the person must visit the location or attend the sales presentation to qualify to receive a prize; and(B) the approximate duration of the sales presentation;(5) a statement of the odds of winning each prize offered, expressed as a ratio in Arabic numerals;(6) the geographical area or states in which the contest will be conducted;(7) the beginning and ending dates of the contest period;(8) the identity and address of each person responsible for awarding prizes;(9) that all unclaimed prizes will be awarded by a drawing and the date of the drawing; and(10) all other rules and terms of the contest.(b) A person engaged in the preparation, promotion, sale, distribution, or use of a matched contest shall disclose:(1) the retail value of a prize; and(2) clearly and conspicuously in at least 10-point type that airfare, lodging, or both are not included as part of a prize that is a trip or recreational activity to the extent that either or both are not included.Tex. Bus. and Comm. Code § 621.104
Added by Acts 2007, 80th Leg., R.S., Ch. 885, Sec. 2.01, eff. 4/1/2009.