16 Tex. Admin. Code § 67.30 - Exemptions
(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.
Notes
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