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Texas Business & Commerce Code

§ 274.003 — STATE LAW GOVERNING CONTRACT; BURDEN OF PROOF

BC § 274.003Title 9. APPLICABILITY OF LAW TO COMMERCIAL TRANSACTIONS · Ch. 274. LAW APPLICABLE TO CONTRACT MADE OVER INTERNET

Statute text

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(a)A contract is governed by the law of this state unless each party to the contract who is located in this state:
(1)is given notice that the law of the state in which another party to the contract is located applies to the contract; and
(2)agrees to the application of that state's law.
(b)A person asserting that the law of another state governs a contract has the burden of proving that notice was given and agreement was obtained as specified by Subsection (a).

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 § 274.003 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.