Texas Business & Commerce Code - Section 42.002. Applicability Of Chapter
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Texas Laws > Business & Commerce Code > Texas Business & Commerce Code - Section 42.002. Applicability Of Chapter
§ 42.002. APPLICABILITY OF CHAPTER. (a) This chapter
applies to each contract, security, and instrument, including a
commercial contract, governed by the laws of this state.
(b) 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.
Added by Acts 1999, 76th Leg., ch. 971, § 1, eff. June 18, 1999.
Section: 41.203 41.251 41.252 41.301 41.302 41.303 42.001 42.002 42.003 42.004 42.005 43.001 43.002 43.003 43.004
Last modified: August 11, 2007
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