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Texas Civil Practice and Remedies Code

§ 172.004 — COMMERCIAL AGREEMENT

CP § 172.004Title 7. ALTERNATE METHODS OF DISPUTE RESOLUTION · Ch. 172. ARBITRATION AND CONCILIATION OF INTERNATIONAL COMMERCIAL DISPUTES · Art. A. GENERAL PROVISIONS

Statute text

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An arbitration or conciliation agreement is commercial if it arises out of a relationship of a commercial nature, including:
(1)a transaction for the supply or exchange of goods or services;
(2)a distribution agreement;
(3)a commercial representation or agency;
(4)an exploitation agreement or concession;
(5)a joint venture or other related form of industrial or business cooperation;

Legislative history

Added by Acts 1989, 71st Leg., ch. 109, Sec. 1, eff. Sept. 1, 1989. Redesignated from Vernon's Ann.Civ.St. art. 249-4 and amended by Acts 1995, 74th Leg., ch. 588, Sec. 1, eff. Sept. 1, 1995. Amended by Acts 1997, 75th Leg., ch. 165, Sec. 5.02, eff. Sept. 1, 1997.

Source: Texas Civil Practice and Remedies Code § 172.004 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.