Sec. 1601.562. CANCELLATION AND SETTLEMENT POLICY. A barber school permit holder shall maintain a cancellation and settlement policy that provides a full refund of all money paid by a student if the student:
(1) cancels the enrollment agreement not later than midnight of the third day after the date the agreement is signed by the student, excluding Saturdays, Sundays, and legal holidays; or
(2) entered into the enrollment agreement because of a misrepresentation made:
(A) in the school's advertising or promotional materials; or
(B) by an owner or representative of the school.
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.