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Texas Business & Commerce Code

§ 17.45 — DEFINITIONS

BC § 17.45Title 2. COMPETITION AND TRADE PRACTICES · Ch. 17. DECEPTIVE TRADE PRACTICES · Art. E. DECEPTIVE TRADE PRACTICES AND CONSUMER PROTECTION

Statute text

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As used in this subchapter:
(1)"Goods" means tangible chattels or real property purchased or leased for use.
(2)"Services" means work, labor, or service purchased or leased for use, including services furnished in connection with the sale or repair of goods.
(3)"Person" means an individual, partnership, corporation, association, or other group, however organized.
(4)"Consumer" means an individual, partnership, corporation, this state, or a subdivision or agency of this state who seeks or acquires by purchase or lease, any goods or services, except that the term does not include a business consumer that has assets of $25 million or more, or that is owned or controlled by a corporation or entity with assets of $25 million or more.
(5)"Unconscionable action or course of action" means an act or practice which, to a consumer's detriment, takes advantage of the lack of knowledge, ability, experience, or capacity of the consumer to a grossly unfair degree.

Legislative history

Acts 2007, 80th Leg., R.S., Ch. 411 (S.B. 1047), Sec. 1, eff. September 1, 2007. Acts 2017, 85th Leg., R.S., Ch. 967 (S.B. 2065), Sec. 1.001, eff. September 1, 2017. Acts 2019, 86th Leg., R.S., Ch. 759 (H.B. 1152), Sec. 1, eff. September 1, 2019.

Source: Texas Business & Commerce Code § 17.45 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.