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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Business & Commerce Code § 56.057: ALLOCATION OF RISK PERMITTED.

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Where this section sits in the code
  1. BUSINESS AND COMMERCE CODE
  2. TITLE 4. BUSINESS OPPORTUNITIES AND AGREEMENTS
  3. CHAPTER 56. AGREEMENT FOR PAYMENT OF CONSTRUCTION SUBCONTRACTOR
  4. SUBCHAPTER B. CONTINGENT PAYMENT CLAUSE

An obligor or a primary obligor may not prohibit a contingent payor from allocating risk by means of a contingent payment clause.

Added by Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 4.001(a), eff. September 1, 2009.

Collected 2026-08-27T01:46:56Z. Source file · JSON

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