{"data":{"id":"us-tx/tex.-business-commerce-code-273.001","jurisdiction":"us-tx","citation":"Tex. Business \u0026 Commerce Code § 273.001","heading":"CONTRACTS SUBJECT TO CHAPTER.","body":"This chapter applies to a contract only if:\n(1) the contract is for the sale, lease, exchange, or other disposition for value of goods for the price, rental, or other consideration of $50,000 or less;\n(2) any element of the contract's execution occurred in this state;\n(3) a party to the contract is:\n(A) an individual resident of this state; or\n(B) an association or corporation that is created under the laws of this state or has its principal place of business in this state; and\n(4) Section 1.301 does not apply to the contract.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.","path":["BUSINESS AND COMMERCE CODE","TITLE 9. APPLICABILITY OF LAW TO COMMERCIAL TRANSACTIONS","CHAPTER 273. LAW OR FORUM APPLICABLE TO CERTAIN CONTRACTS FOR DISPOSITION OF GOODS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BC/htm/BC.273.htm#273.001","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:56Z","sha256":"97dd2020c84d93dfecc506ab1da41b4cb7f53eb374fdc55fddeec2fbdfdfd9f9","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-commerce-code-272.002","next":"us-tx/tex.-business-commerce-code-273.002"},"notice":"GroundRules: Original legal text. Not legal advice."}