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Texas Business & Commerce Code

§ 2.724 — ADMISSIBILITY OF MARKET QUOTATIONS

BC § 2.724Title 1. UNIFORM COMMERCIAL CODE · Ch. 2. SALES · Art. G. REMEDIES

Statute text

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Whenever the prevailing price or value of any goods regularly bought and sold in any established commodity market is in issue, reports in official publications or trade journals or in newspapers or periodicals of general circulation published as the reports of such market shall be admissible in evidence. The circumstances of the preparation of such a report may be shown to affect its weight but not its admissibility.

Legislative history

Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1, eff. Sept. 1, 1967.

Source: Texas Business & Commerce Code § 2.724 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.