Tex. Bus. & Com. Code § 2.103 · Subchapter A. SHORT TITLE, GENERAL CONSTRUCTION AND SUBJECT MATTER
DEFINITIONS AND INDEX OF DEFINITIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In this chapter unless the context otherwise requires
(1) "Buyer" means a person who buys or contracts to buy goods.
(2) Reserved.
(3) "Receipt" of goods means taking physical possession of them.
(4) "Seller" means a person who sells or contracts to sell goods.
(b) Other definitions applying to this chapter or to specified subchapters thereof, and the sections in which they appear are:
"Acceptance". Section 2.606.
"Banker's credit". Section 2.325.
"Between merchants". Section 2.104.
"Cancellation". Section 2.106(d).
"Commercial unit". Section 2.105.
"Confirmed credit". Section 2.325.
"Conforming to contract". Section 2.106.
"Contract for sale". Section 2.106.
"Cover". Section 2.712.
"Entrusting". Section 2.403.
"Financing agency". Section 2.104.
"Future goods". Section 2.105.
"Goods". Section 2.105.
"Identification". Section 2.501.
"Installment contract". Section 2.612.
"Letter of credit". Section 2.325.
"Lot". Section 2.105.
"Merchant". Section 2.104.
"Overseas". Section 2.323.
"Person in position of seller". Section 2.707.
"Present sale". Section 2.106.
"Sale". Section 2.106.
"Sale on approval". Section 2.326.
"Sale or return". Section 2.326.
"Termination". Section 2.106.
(c) The following definitions in other chapters apply to this chapter:
"Check". Section 3.104.
"Consignee". Section 7.102.
"Consignor". Section 7.102.
"Consumer goods". Section 9.102.
"Control". Section 7.106.
"Dishonor". Section 3.502.
"Draft". Section 3.104.
(d) In addition Chapter 1 contains general definitions and principles of construction and interpretation applicable throughout this chapter.
Notes and commentary — not statutory text
History
Acts 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.
Amended by:
Acts 2005, 79th Leg., Ch. 122 (S.B. 1593), Sec. 3, eff. September 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BC/htm/BC.2.htm
- Text hash
- sha256 2512fc448b65d28de31a666b0d1d9798928ab720802b420ae5a789ccf89e60e8
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Business & Commerce Code
- Tex. Bus. & Com. Code ch. 1GENERAL PROVISIONSPrinted as Chapter 1
- Tex. Bus. & Com. Code § 2.104DEFINITIONS: "MERCHANT"; "BETWEEN MERCHANTS"; "FINANCING AGENCY".Printed as Section 2.104
- Tex. Bus. & Com. Code § 2.105DEFINITIONS: TRANSFERABILITY; "GOODS"; "FUTURE" GOODS; "LOT"; "COMMERCIAL UNIT".Printed as Section 2.105
- Tex. Bus. & Com. Code § 2.106DEFINITIONS: "CONTRACT"; "AGREEMENT"; "CONTRACT FOR SALE"; "SALE"; "PRESENT SALE"; "CONFORMING" TO CONTRACT; "TERMINATION"; "CANCELLATION".Printed as Section 2.106 | Section 2.106(d)
- Tex. Bus. & Com. Code § 2.323FORM OF BILL OF LADING REQUIRED IN OVERSEAS SHIPMENT; "OVERSEAS".Printed as Section 2.323
- Tex. Bus. & Com. Code § 2.325"LETTER OF CREDIT" TERM; "CONFIRMED CREDIT".Printed as Section 2.325
- Tex. Bus. & Com. Code § 2.326SALE ON APPROVAL AND SALE OR RETURN; RIGHTS OF CREDITORS.Printed as Section 2.326
- Tex. Bus. & Com. Code § 2.403POWER TO TRANSFER; GOOD FAITH PURCHASE OF GOODS; "ENTRUSTING".Printed as Section 2.403
- Tex. Bus. & Com. Code § 2.501INSURABLE INTEREST IN GOODS; MANNER OF IDENTIFICATION OF GOODS.Printed as Section 2.501
- Tex. Bus. & Com. Code § 2.606WHAT CONSTITUTES ACCEPTANCE OF GOODS.Printed as Section 2.606
- Tex. Bus. & Com. Code § 2.612"INSTALLMENT CONTRACT"; BREACH.Printed as Section 2.612
- Tex. Bus. & Com. Code § 2.707"PERSON IN THE POSITION OF A SELLER".Printed as Section 2.707
- Tex. Bus. & Com. Code § 2.712"COVER"; BUYER'S PROCUREMENT OF SUBSTITUTE GOODS.Printed as Section 2.712
- Tex. Bus. & Com. Code § 3.104NEGOTIABLE INSTRUMENT.Printed as Section 3.104
- Tex. Bus. & Com. Code § 3.502DISHONOR.Printed as Section 3.502
- Tex. Bus. & Com. Code § 7.102DEFINITIONS AND INDEX OF DEFINITIONS.Printed as Section 7.102
- Tex. Bus. & Com. Code § 7.106CONTROL OF ELECTRONIC DOCUMENT OF TITLE.Printed as Section 7.106
- Tex. Bus. & Com. Code § 9.102DEFINITIONS AND INDEX OF DEFINITIONS.Printed as Section 9.102
Cited by 2 provisions
Provisions in this library whose text cites Tex. Bus. & Com. Code § 2.103. Each shows the citation as that text prints it.
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