Sec. 51.161.  CONTENTS:  LEGAL ACTION HISTORY.  (a)  A disclosure statement must contain a statement disclosing any person described by Section 51.153 who:
(1)  has, during the previous seven fiscal years:
(A)  been convicted of a felony, or pleaded nolo contendere to a felony charge, involving fraud, embezzlement, fraudulent conversion, or misappropriation of property; or
(B)  been held liable in a civil action resulting in a final judgment, or has settled out of court a civil action, involving:
(i)  allegations of fraud, embezzlement, fraudulent conversion, or misappropriation of property;
(ii)  the use of untrue or misleading representations in an attempt to sell or dispose of property; or
(iii)  the use of unfair, unlawful, or deceptive business practices;
(2)  is a party to a civil action involving:
(A)  allegations of fraud, embezzlement, fraudulent conversion, or misappropriation of property;
(B)  the use of untrue or misleading representations in an attempt to sell or dispose of property; or
(C)  the use of unfair, unlawful, or deceptive business practices; or
(3)  is subject to an injunction or restrictive order relating to business activity as a result of an action brought by a public agency or department.
(b)  A statement required by Subsection (a) must include:
(1)  the identity and location of any court or agency;
(2)  the date of any entry of a plea of nolo contendere, conviction, judgment, or decision;
(3)  any penalty imposed;
(4)  any damages assessed;
(5)  the terms of any settlement or order; and
(6)  the date, nature, and issuer of any order or ruling.
Amended by: 
Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.