{"data":{"id":"us-tx/tex.-business-commerce-code-2.103","jurisdiction":"us-tx","citation":"Tex. Business \u0026 Commerce Code § 2.103","heading":"DEFINITIONS AND INDEX OF DEFINITIONS.","body":"(a) In this chapter unless the context otherwise requires\n(1) \"Buyer\" means a person who buys or contracts to buy goods.\n(2) Reserved.\n(3) \"Receipt\" of goods means taking physical possession of them.\n(4) \"Seller\" means a person who sells or contracts to sell goods.\n(b) Other definitions applying to this chapter or to specified subchapters thereof, and the sections in which they appear are:\n\"Acceptance\". Section 2.606.\n\"Banker's credit\". Section 2.325.\n\"Between merchants\". Section 2.104.\n\"Cancellation\". Section 2.106(d).\n\"Commercial unit\". Section 2.105.\n\"Confirmed credit\". Section 2.325.\n\"Conforming to contract\". Section 2.106.\n\"Contract for sale\". Section 2.106.\n\"Cover\". Section 2.712.\n\"Entrusting\". Section 2.403.\n\"Financing agency\". Section 2.104.\n\"Future goods\". Section 2.105.\n\"Goods\". Section 2.105.\n\"Identification\". Section 2.501.\n\"Installment contract\". Section 2.612.\n\"Letter of credit\". Section 2.325.\n\"Lot\". Section 2.105.\n\"Merchant\". Section 2.104.\n\"Overseas\". Section 2.323.\n\"Person in position of seller\". Section 2.707.\n\"Present sale\". Section 2.106.\n\"Sale\". Section 2.106.\n\"Sale on approval\". Section 2.326.\n\"Sale or return\". Section 2.326.\n\"Termination\". Section 2.106.\n(c) The following definitions in other chapters apply to this chapter:\n\"Check\". Section 3.104.\n\"Consignee\". Section 7.102.\n\"Consignor\". Section 7.102.\n\"Consumer goods\". Section 9.102.\n\"Control\". Section 7.106.\n\"Dishonor\". Section 3.502.\n\"Draft\". Section 3.104.\n(d) In addition Chapter 1 contains general definitions and principles of construction and interpretation applicable throughout this chapter.\nActs 1967, 60th Leg., p. 2343, ch. 785, Sec. 1, eff. Sept. 1, 1967. Amended by Acts 1999, 76th Leg., ch. 414, Sec. 2.14, eff. July 1, 2001; Acts 2003, 78th Leg., ch. 542, Sec. 2, eff. Sept. 1, 2003.\nAmended by:\nActs 2005, 79th Leg., Ch. 122 (S.B. 1593), Sec. 3, eff. September 1, 2005.","path":["BUSINESS AND COMMERCE CODE","TITLE 1. UNIFORM COMMERCIAL CODE","CHAPTER 2. SALES","SUBCHAPTER A. SHORT TITLE, GENERAL CONSTRUCTION AND SUBJECT MATTER"],"source_url":"https://statutes.capitol.texas.gov/Docs/BC/htm/BC.2.htm#2.103","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:56Z","sha256":"ec9920910878cc57214c725db64a6739360053eae24016eb9ddf35e9623c12c9","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-commerce-code-2.102","next":"us-tx/tex.-business-commerce-code-2.104"},"notice":"GroundRules: Original legal text. Not legal advice."}