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Texas Business & Commerce Code

§ 601.001 — DEFINITIONS

BC § 601.001Title 12. RIGHTS AND DUTIES OF CONSUMERS AND MERCHANTS · Ch. 601. CANCELLATION OF CERTAIN CONSUMER TRANSACTIONS · Art. A. GENERAL PROVISIONS

Statute text

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In this chapter:
(1)"Consumer" means an individual who seeks or acquires real property, money or other personal property, services, or credit for personal, family, or household purposes.
(2)"Consumer transaction" means a transaction between a merchant and one or more consumers.
(3)"Merchant" means a party to a consumer transaction other than a consumer.
(4)"Merchant's place of business" means a merchant's main or permanent branch office or local address. For a state or national bank or savings and loan association, the term includes an approved branch office and a registered loan production office.

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 § 601.001 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.