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Texas Business & Commerce Code

§ 271.002 — SUBSTANTIALLY SIMILAR OR RELATED TRANSACTIONS

BC § 271.002Title 9. APPLICABILITY OF LAW TO COMMERCIAL TRANSACTIONS · Ch. 271. RIGHTS OF PARTIES TO CHOOSE LAW APPLICABLE

Statute text

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For purposes of this chapter, two or more substantially similar or related transactions are considered a single transaction if the transactions:
(1)are entered into contemporaneously; and
(2)have at least one common party.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.

Source: Texas Business & Commerce Code § 271.002 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.