State Codes and Statutes
Statutes > Texas > Business-and-commerce-code > Title-9-applicability-of-law-to-commercial-transactions > Chapter-273-law-or-forum-applicable-to-certain-contracts-for-disposition-of-goods
BUSINESS AND COMMERCE CODE
TITLE 9. APPLICABILITY OF LAW TO COMMERCIAL TRANSACTIONS
CHAPTER 273. LAW OR FORUM APPLICABLE TO CERTAIN CONTRACTS FOR
DISPOSITION OF GOODS
Sec. 273.001. CONTRACTS SUBJECT TO CHAPTER. This chapter
applies to a contract only if:
(1) the contract is for the sale, lease, exchange, or other
disposition for value of goods for the price, rental, or other
consideration of $50,000 or less;
(2) any element of the contract's execution occurred in this
state;
(3) a party to the contract is:
(A) an individual resident of this state; or
(B) an association or corporation that is created under the laws
of this state or has its principal place of business in this
state; and
(4) Section 1.301 does not apply to the contract.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
Sec. 273.002. NOTICE OF APPLICABLE LAW OR FORUM. If a contract
contains a provision making the contract or any conflict arising
under the contract subject to another state's laws, litigation in
the courts of another state, or arbitration in another state,
that provision must be set out conspicuously in print, type, or
other form of writing that is boldfaced, capitalized, underlined,
or otherwise set out in such a manner that a reasonable person
against whom the provision may operate would notice the
provision.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
Sec. 273.003. FAILURE TO PROVIDE NOTICE. A contract provision
that does not comply with Section 273.002 is voidable by a party
against whom the provision is sought to be enforced.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
State Codes and Statutes
Statutes > Texas > Business-and-commerce-code > Title-9-applicability-of-law-to-commercial-transactions > Chapter-273-law-or-forum-applicable-to-certain-contracts-for-disposition-of-goods
BUSINESS AND COMMERCE CODE
TITLE 9. APPLICABILITY OF LAW TO COMMERCIAL TRANSACTIONS
CHAPTER 273. LAW OR FORUM APPLICABLE TO CERTAIN CONTRACTS FOR
DISPOSITION OF GOODS
Sec. 273.001. CONTRACTS SUBJECT TO CHAPTER. This chapter
applies to a contract only if:
(1) the contract is for the sale, lease, exchange, or other
disposition for value of goods for the price, rental, or other
consideration of $50,000 or less;
(2) any element of the contract's execution occurred in this
state;
(3) a party to the contract is:
(A) an individual resident of this state; or
(B) an association or corporation that is created under the laws
of this state or has its principal place of business in this
state; and
(4) Section 1.301 does not apply to the contract.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
Sec. 273.002. NOTICE OF APPLICABLE LAW OR FORUM. If a contract
contains a provision making the contract or any conflict arising
under the contract subject to another state's laws, litigation in
the courts of another state, or arbitration in another state,
that provision must be set out conspicuously in print, type, or
other form of writing that is boldfaced, capitalized, underlined,
or otherwise set out in such a manner that a reasonable person
against whom the provision may operate would notice the
provision.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
Sec. 273.003. FAILURE TO PROVIDE NOTICE. A contract provision
that does not comply with Section 273.002 is voidable by a party
against whom the provision is sought to be enforced.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
State Codes and Statutes
Statutes >
Texas >
Business-and-commerce-code >
Title-9-applicability-of-law-to-commercial-transactions >
Chapter-273-law-or-forum-applicable-to-certain-contracts-for-disposition-of-goods BUSINESS AND COMMERCE CODE
TITLE 9. APPLICABILITY OF LAW TO COMMERCIAL TRANSACTIONS
CHAPTER 273. LAW OR FORUM APPLICABLE TO CERTAIN CONTRACTS FOR
DISPOSITION OF GOODS
Sec. 273.001. CONTRACTS SUBJECT TO CHAPTER. This chapter
applies to a contract only if:
(1) the contract is for the sale, lease, exchange, or other
disposition for value of goods for the price, rental, or other
consideration of $50,000 or less;
(2) any element of the contract's execution occurred in this
state;
(3) a party to the contract is:
(A) an individual resident of this state; or
(B) an association or corporation that is created under the laws
of this state or has its principal place of business in this
state; and
(4) Section 1.301 does not apply to the contract.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
Sec. 273.002. NOTICE OF APPLICABLE LAW OR FORUM. If a contract
contains a provision making the contract or any conflict arising
under the contract subject to another state's laws, litigation in
the courts of another state, or arbitration in another state,
that provision must be set out conspicuously in print, type, or
other form of writing that is boldfaced, capitalized, underlined,
or otherwise set out in such a manner that a reasonable person
against whom the provision may operate would notice the
provision.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
Sec. 273.003. FAILURE TO PROVIDE NOTICE. A contract provision
that does not comply with Section 273.002 is voidable by a party
against whom the provision is sought to be enforced.
Added by Acts 2007, 80th Leg., R.S., Ch.
885, Sec. 2.01, eff. April 1, 2009.
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