§ 271.001 Definition
§ 271.002 Substantially Similar or Related Transactions
§ 271.003 Conflict-of-Laws Rules
§ 271.004 Determination of Reasonable Relation of Transaction to Particular Jurisdiction
§ 271.005 Law Governing Issue Relating to Qualified Transaction
§ 271.006 Law Governing Interpretation or Construction of Agreement Relating to Qualified Transaction
§ 271.007 Law Governing Validity or Enforceability of Term of Agreement Relating to Qualified Transaction
§ 271.008 Applicability to Certain Real Property Transactions; Exceptions
§ 271.009 Exception: Marriage or Adoption
§ 271.010 Exception: Decedent’s Estate
§ 271.011 Exception: Other Statute Specifying Governing Law

Terms Used In Texas Business and Commerce Code Chapter 271 - Rights of Parties to Choose Law Applicable

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Quorum: The number of legislators that must be present to do business.
  • Statute: A law passed by a legislature.
  • United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005