1. (1) the seller has documentation to substantiate the representation; and
2. (2) the person discloses the documentation to the prospective buyer when the representation is made.

In connection with an offer to sell or sale of a business opportunity, a person may not represent that the business opportunity provides income or earning potential of any kind unless:

Added by Acts 1992, c. 4, § 2. Amended by Acts 1996, c. 517, § 1, eff. Oct. 1, 1996.

Formerly Art. 56, § 412.