(a) An auction of property by live bid call, if the property is solely bid upon through the internet, is not subject to this chapter or Texas Occupations Code, Chapter 1802 and is exempt under §1802.002(4).
(b) For purposes of this chapter and Texas Occupations Code, Chapter 1802, the sale of real or personal property is not considered to be a competitive bid subject to this chapter if all of the material terms of the transaction other than price are not the same.
(c) This chapter does not apply to a person providing an online platform to facilitate an auction.

Source Note: The provisions of this §67.30 adopted to be effective January 1, 2014, 38 TexReg 9507; amended to be effective February 15, 2016, 41 TexReg 799