Texas Business And Commerce Code Title 1, Chapter 1 - General Provisions

SUBCHAPTER A GENERAL PROVISIONS

• Texas Section 1.101 - Short Titles
  (a) This title may be cited as the Uniform Commercial Code. (b) This chapter may be cited as Uniform Commercial Code--General Provisions. Amended by Acts...
• Texas Section 1.102 - Scope Of Chapter
  This chapter applies to a transaction to the extent that it is governed by another chapter of this title. Amended by Acts 2003, 78th Leg.,...
• Texas Section 1.103 - Construction Of Title To Promote Its Purposes And Policies; Applicability Of Supplemental Principles Of Law
  (a) This title must be liberally construed and applied to promote its underlying purposes and policies, which are: (1) to simplify, clarify and modernize the...
• Texas Section 1.104 - Construction Against Implied Repeal
  This title being a general act intended as a unified coverage of its subject matter, no part of it shall be deemed to be impliedly...
• Texas Section 1.105 - Severability
  If any provision or clause of this title or its application to any person or circumstance is held invalid, the invalidity does not affect other...
• Texas Section 1.106 - Use Of Singular And Plural; Gender
  In this title, unless the statutory context otherwise requires: (1) words in the singular number include the plural, and those in the plural include the...
• Texas Section 1.107 - Section Captions
  Section captions are parts of this title. Amended by Acts 2003, 78th Leg., ch. 542, Sec. 1, eff. Sept. 1, 2003.

SUBCHAPTER B GENERAL DEFINITIONS AND PRINCIPLES OF INTERPRETATION

• Texas Section 1.108 - Relation To Electronic Signatures In Global And National Commerce Act
  This title modifies, limits, and supersedes the federal Electronic Signatures in Global and National Commerce Act (15 U.S.C. Section 7001 et seq.) but does not...
• Texas Section 1.201 - General Definitions
  (a) Unless the context otherwise requires, words or phrases defined in this section, or in the additional definitions contained in other chapters of this title...
• Texas Section 1.202 - Notice; Knowledge
  (a) Subject to Subsection (f), a person has "notice" of a fact if the person: (1) has actual knowledge of it; (2) has received a...
• Texas Section 1.203 - Lease Distinguished From Security Interest
  (a) Whether a transaction in the form of a lease creates a lease or security interest is determined by the facts of each case. (b)...
• Texas Section 1.204 - Value
  Except as otherwise provided in Chapters 3, 4, and 5, a person gives value for rights if the person acquires them: (1) in return for...
• Texas Section 1.205 - Reasonable Time; Seasonableness
  (a) Whether a time for taking an action required by this title is reasonable depends on the nature, purpose, and circumstances of the action. (b)...

SUBCHAPTER C TERRITORIAL APPLICABILITY AND GENERAL RULES

• Texas Section 1.206 - Presumptions
  Whenever this title creates a "presumption" with respect to a fact, or provides that a fact is "presumed," the trier of fact must find the...
• Texas Section 1.301 - Territorial Application Of The Title; Parties' Power To Choose Applicable Law
  (a) Except as provided hereafter in this section, when a transaction bears a reasonable relation to this state and also to another state or nation...
• Texas Section 1.302 - Variation By Agreement
  (a) Except as otherwise provided in Subsection (b) or elsewhere in this title, the effect of provisions of this title may be varied by agreement....
• Texas Section 1.303 - Course Of Performance, Course Of Dealing, And Usage Of Trade
  (a) A "course of performance" is a sequence of conduct between the parties to a particular transaction that exists if: (1) the agreement of the...
• Texas Section 1.304 - Obligation Of Good Faith
  Every contract or duty within this title imposes an obligation of good faith in its performance and enforcement. Added by Acts 2003, 78th Leg., ch....
• Texas Section 1.305 - Remedies To Be Liberally Administered
  (a) The remedies provided by this title must be liberally administered to the end that the aggrieved party may be put in as good a...
• Texas Section 1.306 - Waiver Of Renunciation Of Claim Or Right After Breach
  A claim or right arising out of an alleged breach may be discharged in whole or in part without consideration by agreement of the aggrieved...
• Texas Section 1.307 - Prima Facie Evidence By Third-party Documents
  A document in due form purporting to be a bill of lading, policy or certificate of insurance, official weigher's or inspector's certificate, consular invoice, or...
• Texas Section 1.308 - Performance Or Acceptance Under Reservation Of Rights
  (a) A party that with explicit reservation of rights performs or promises performance or assents to performance in a manner demanded or offered by the...
• Texas Section 1.309 - Option To Accelerate At Will
  A term providing that one party or that party's successor in interest may accelerate payment or performance or require collateral or additional collateral "at will"...
• Texas Section 1.310 - Subordinated Obligations
  An obligation may be issued as subordinated to performance of another obligation of the person obligated, or a creditor may subordinate its right to performance...

Last modified: September 28, 2016