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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) An offeror who knows at the time a recipient of an offer visits a sales location or attends a sales presentation that the gift or minor prize will not be available within 14 days of the date of the visit or attendance shall at the time of the visit or at the conclusion of the sales presentation tender to the recipient, by cash or check, the amount of $100.
(b) If, after the expiration of the 14th day after the date the offeror issued a raincheck under Section 621.152 for a gift or minor prize, the offeror has not sent the gift or prize, the offeror shall send by mail to the recipient of the raincheck a check or money order in the amount of $100 payable to the recipient. The offeror shall:
(1) send the check or money order not later than the 15th day after the date the offeror issued the raincheck; and
(2) obtain a return receipt from the United States Postal Service that verifies that the check or money order was delivered to the recipient.
Cite this article: FindLaw.com - Texas Business and Commerce Code - BUS & COM § 621.153. Issuance of Check or Money Order in Lieu of Gift or Minor Prize - last updated January 01, 2024 | https://codes.findlaw.com/tx/business-and-commerce-code/bus-com-sect-621-153/
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 before relying on it for your legal needs.
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