Texas Business & Commerce Code - Section 2.103. Definitions And Index Of Definitions
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§ 2.103. DEFINITIONS AND INDEX OF DEFINITIONS. (a) In
this chapter unless the context otherwise requires
(1) "Buyer" means a person who buys or contracts to buy
goods.
(2) Reserved.
(3) "Receipt" of goods means taking physical
possession of them.
(4) "Seller" means a person who sells or contracts to
sell goods.
(b) Other definitions applying to this chapter or to
specified subchapters thereof, and the sections in which they
appear are:
"Acceptance". Section 2.606.
"Banker's credit". Section 2.325.
"Between merchants". Section 2.104.
"Cancellation". Section 2.106(d).
"Commercial unit". Section 2.105.
"Confirmed credit". Section 2.325.
"Conforming to contract". Section 2.106.
"Contract for sale". Section 2.106.
"Cover". Section 2.712.
"Entrusting". Section 2.403.
"Financing agency". Section 2.104.
"Future goods". Section 2.105.
"Goods". Section 2.105.
"Identification". Section 2.501.
"Installment contract". Section 2.612.
"Letter of credit". Section 2.325.
"Lot". Section 2.105.
"Merchant". Section 2.104.
"Overseas". Section 2.323.
"Person in position of seller". Section 2.707.
"Present sale". Section 2.106.
"Sale". Section 2.106.
"Sale on approval". Section 2.326.
"Sale or return". Section 2.326.
"Termination". Section 2.106.
(c) The following definitions in other chapters apply to
this chapter:
"Check". Section 3.104.
"Consignee". Section 7.102.
"Consignor". Section 7.102.
"Consumer goods". Section 9.102.
"Control". Section 7.106.
"Dishonor". Section 3.502.
"Draft". Section 3.104.
(d) In addition Chapter 1 contains general definitions and
principles of construction and interpretation applicable
throughout this chapter.
Acts 1967, 60th Leg., p. 2343, ch. 785, § 1, eff. Sept. 1, 1967.
Amended by Acts 1999, 76th Leg., ch. 414, § 2.14, eff. July 1,
2001; Acts 2003, 78th Leg., ch. 542, § 2, eff. Sept. 1, 2003;
Acts 2005, 79th Leg., ch. 122, § 3, eff. Sept. 1, 2005.
Section: 1.306 1.307 1.308 1.309 1.310 2.101 2.102 2.103 2.104 2.105 2.106 2.107 2.201 2.202 2.203
Last modified: August 10, 2007
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