A company, a sales representative, or a representative of a sales representative may not, in the company's contracts or marketing:

1. (1) make, permit, or cause to be made any false or misleading statement; or
2. (2) deliberately omit a material statement if the omission would be considered misleading.

Added by Acts 2003, 78th Leg., ch. 1181, Sec. 1, eff. Sept. 1, 2003.