Texas Business & Commerce Code

§ 116.0001 — DEFINITIONS

BC § 116.0001Title 5. REGULATION OF BUSINESSES AND SERVICES · Part C. BUSINESS OPERATIONS · Ch. 116. FEES FOR CERTAIN PAYMENT METHODS

Statute text

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In this chapter:

(1)"Payee" means an individual who resides in this state or a corporation, trust, partnership, association, or other private legal entity authorized to do business in this state that receives money as payment under an agreement.

(2)"Person" means an individual, corporation, trust, partnership, association, or other private legal entity.

Legislative history

Added by Acts 2021, 87th Leg., R.S., Ch. 230 (H.B. 876), Sec. 1, eff. September 1, 2021.