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Texas Business & Commerce Code

§ 541.001 — DEFINITIONS

BC § 541.001Title 11. PERSONAL IDENTITY INFORMATION · Part C. CONSUMER DATA PROTECTION · Ch. 541. CONSUMER DATA PROTECTION · Art. A. GENERAL PROVISIONS

Statute text

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In this chapter, unless a different meaning is required by the context:
(1)"Affiliate" means a legal entity that controls, is controlled by, or is under common control with another legal entity or shares common branding with another legal entity. For purposes of this subdivision, "control" or "controlled" means:
(A)the ownership of, or power to vote, more than 50 percent of the outstanding shares of any class of voting security of a company;
(B)the control in any manner over the election of a majority of the directors or of individuals exercising similar functions; or
(C)the power to exercise controlling influence over the management of a company.
(2)"Authenticate" means to verify through reasonable means that the consumer who is entitled to exercise the consumer's rights under Subchapter B is the same consumer exercising those consumer rights with respect to the personal data at issue.

Legislative history

Added by Acts 2023, 88th Leg., R.S., Ch. 995 (H.B. 4), Sec. 2, eff. July 1, 2024.

Source: Texas Business & Commerce Code § 541.001 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.