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Current as of January 01, 2024 | Updated by FindLaw Staff
(a) The identity and number of the major prizes to be awarded in a matched contest must be:
(1) determined before the contest begins; and
(2) disclosed on each entry form distributed.
(b) Each major prize identified on an entry form for a matched contest shall be awarded.
(c) The contest period for a matched contest may not exceed 12 calendar months.
(d) If, during the contest period for a matched contest, a winning number is not presented or matched for a major prize, the offeror shall conduct a drawing from the names of those individuals who attended a sales presentation during the contest period. The offeror shall conduct the drawing not later than the 60th day after the date the contest period ends. Each major prize identified on the entry forms distributed during the contest period that was not previously awarded shall be awarded at the time of the drawing.
Cite this article: FindLaw.com - Texas Business and Commerce Code - BUS & COM § 621.103. Requirements for Matched Contest - last updated January 01, 2024 | https://codes.findlaw.com/tx/business-and-commerce-code/bus-com-sect-621-103/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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