Texas Administrative Code
Title 43 - TRANSPORTATION
Part 10 - TEXAS DEPARTMENT OF MOTOR VEHICLES
Chapter 215 - MOTOR VEHICLE DISTRIBUTION
Subchapter F - ADVERTISING
Section 215.268 - Bankruptcy and Liquidation Sales
Universal Citation: 43 TX Admin Code ยง 215.268
Current through Reg. 49, No. 38; September 20, 2024
A person who advertises a liquidation sale, auction sale, or going out of business sale shall state the correct name and permanent address of the business in the advertisement. The phrases "going out of business," "closing out," "shutting doors forever," "bankruptcy sale," "foreclosure," "bankruptcy," or similar phrases or words indicating that a business is ceasing operation shall not be used unless the business is closing its operations and follows the procedures required by Business and Commerce Code, Chapter 17, Subchapter F.
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