Texas Statutes

§ 221.053 — EXCHANGE COMPANY LIABILITY.

Texas § 221.053
JurisdictionTexas
Code PRProperty Code

This text of Texas § 221.053 (EXCHANGE COMPANY LIABILITY.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tex. Property Code Code Ann. § 221.053 (2026).

Text

Sec. 221.053. EXCHANGE COMPANY LIABILITY. Except for written information or audio-visual materials provided to a developer by an exchange company, an exchange company does not incur liability as a result of:

(1)a representation made by a developer that relates to any exchange program or exchange company; or
(2)the use, delivery, or publication by a developer of information that relates to an exchange program or exchange company. SUBCHAPTER G. ESCROW DEPOSITS

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Legislative History

Added by Acts 1987, 70th Leg., ch. 167, Sec. 6.03, eff. Sept. 1, 1987. Renumbered from Sec. 201.053 by Acts 1989, 71st Leg., ch. 2, Sec. 13.03(b), eff. Aug. 28, 1989.

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Bluebook (online)
Texas § 221.053, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/PR/221.053.