122.015 – DETERMINATIONS OF FAIR MARKET VALUE. (a) In
Texas Human Resources Code § 122.015
Summary
This law outlines how the workforce commission should determine the fair market value of products or services sold under a specific chapter. It requires consideration of prices paid by federal agencies for similar items, ensuring a fair pricing standard for transactions.
Focuses on fair market value determinations for products/services.
Considers prices paid by federal agencies for similar items.
Aims to establish fair pricing standards in transactions.
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In simple terms: Learn about Texas's DETERMINATIONS OF FAIR MARKET VALUE. (a) In law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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