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Texas Business & Commerce Code

§ 661.004 — NO NEGATIVE INFERENCE OR PRESUMPTION CREATED

BC § 661.004Title 15. CURRENCY AND TRADE · Part A. CURRENCY · Ch. 661. EUROPEAN UNION CURRENCY CONVERSION

Statute text

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With respect to currency alteration other than the introduction of the euro, this chapter does not create any negative inference or negative presumption regarding the validity or enforceability of a contract, security, or instrument denominated wholly or partly in a currency affected by the alteration.

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 § 661.004 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.