Texas Business and Commerce Code Chapter 57 > Subchapter H – Repurchase or Other Obligations Following Cancellation or Nonrenewal of Agreement
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Terms Used In Texas Business and Commerce Code Chapter 57 > Subchapter H - Repurchase or Other Obligations Following Cancellation or Nonrenewal of Agreement
- Bailiff: a court officer who enforces the rules of behavior in courtrooms.
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Reporter: Makes a record of court proceedings and prepares a transcript, and also publishes the court's opinions or decisions (in the courts of appeals).
- Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC