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131 chapters · 1,843 sections in this title.
Tex. Business and Commerce Code § 12.001 Definition
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Sec. 12.001. DEFINITION. In this chapter, "virtual currency": (1) means a digital representation of value that: (A) is used as a medium of exchange, unit of account, or store of value; and (B) is not legal tender, whether or not denominated in legal tender; and (2) does not inclu…
Tex. Business and Commerce Code § 12.002 Scope
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Sec. 12.002. SCOPE. This chapter applies to virtual currency. Added by Acts 2021, 87th Leg., R.S., Ch. 739 (H.B. 4474), Sec. 9, eff. September 1, 2021.
Tex. Business and Commerce Code § 12.003 Rights In Virtual Currency
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Sec. 12.003. RIGHTS IN VIRTUAL CURRENCY. (a) In this section: (1) "Adverse claim" means a claim that a claimant has a property interest in a virtual currency and that it is a violation of the rights of the claimant for another person to hold, transfer, or deal with the virtual cu…
Tex. Business and Commerce Code § 12.004 Control of Virtual Currency
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Sec. 12.004. CONTROL OF VIRTUAL CURRENCY. (a) A person has control of a virtual currency if the following conditions are met: (1) the virtual currency or the system in which the virtual currency is recorded, if any, gives the person: (A) the power to derive substantially all the …