A disclosure statement must contain a copy of a financial statement of the seller that:

1. (1) was prepared according to generally accepted accounting principles within the previous 13 months; and

2. (2) has been updated to reflect any material change in the seller's financial condition.

   Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.