(a) An offeror who knows at the time a recipient of an offer visits a sales location or attends a sales presentation that the gift or minor prize will not be available within 14 days of the date of the visit or attendance shall at the time of the visit or at the conclusion of the sales presentation tender to the recipient, by cash or check, the amount of $100.
(b) If, after the expiration of the 14th day after the date the offeror issued a raincheck under Section 621.152 for a gift or minor prize, the offeror has not sent the gift or prize, the offeror shall send by mail to the recipient of the raincheck a check or money order in the amount of $100 payable to the recipient. The offeror shall:
(1) send the check or money order not later than the 15th day after the date the offeror issued the raincheck; and
(2) obtain a return receipt from the United States Postal Service that verifies that the check or money order was delivered to the recipient.

Terms Used In Texas Business and Commerce Code 621.153

  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005