Texas Business & Commerce Code

§ 57.002 — DEFINITIONS

BC § 57.002Title 4. BUSINESS OPPORTUNITIES AND AGREEMENTS · Ch. 57. AGRICULTURAL, CONSTRUCTION, INDUSTRIAL, MINING, FORESTRY, LANDSCAPING, AND OUTDOOR POWER EQUIPMENT DEALER AGREEMENTS · Art. A. GENERAL PROVISIONS

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In this chapter:

(1)"Current net parts cost" means an amount equal to the current net parts price of a repair part, less any trade or cash discount typically given to a dealer in the normal, ordinary course of ordering a repair part.

(2)"Current net parts price" means:

(A)with respect to a repair part in current stock, the price for the repair part listed in the supplier's price list or catalog in effect:

(i)when a dealer agreement is terminated or discontinued; or

(ii)for purposes of Subchapter F, when the repair part is ordered; and

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Legislative history

Acts 2019, 86th Leg., R.S., Ch. 1233 (H.B. 1548), Sec. 1, eff. June 14, 2019.