Cure of Default

Sec. 2352.0524. CURE OF DEFAULT. (a) Except as provided by Section 2352.053(d)(3), (8), or (9), a manufacturer or distributor must give a dealer written notice of a default under Section 2352.0523 and allow the dealer to cure the default within a cure period as provided by Subsection (b). (b) A dealer must cure a default not later than the: (1) 30th day after the date of receipt of notice of a default under Section 2352.0523(a)(2) or (b)(4); (2) 60th day after the date of receipt of notice of a default under Section 2352.0523(b)(2) or (3); (3) 90th day after the date of receipt of notice of a default under Section 2352.0523(a)(1); or (4) 180th day after the date of receipt of notice of a default under Section 2352.0523(b)(1). Added by Acts 2011, 82nd Leg., R.S., Ch. 1148 (H.B. 1960), Sec. 4, eff. September 1, 2011.