Definitions

Tex. Business and Commerce Code § 116.0001, under Chapter 116.

Tex. Business and Commerce Code § 116.0001

Sec. 116.0001. DEFINITIONS. In this chapter: (1) "Payee" means an individual who resides in this state or a corporation, trust, partnership, association, or other private legal entity authorized to do business in this state that receives money as payment under an agreement. (2) "Person" means an individual, corporation, trust, partnership, association, or other private legal entity. Added by Acts 2021, 87th Leg., R.S., Ch. 230 (H.B. 876), Sec. 1, eff. September 1, 2021.