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Tex. Bus. & Com. Code § 271.002

SUBSTANTIALLY SIMILAR OR RELATED TRANSACTIONS

Applied in 1 court decision — leading case William T. Drennen, III v. Exxon Mobil Corporation (2012)

Most recently applied in William T. Drennen, III v. Exxon Mobil Corporation (February 2012)

Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff

For purposes of this chapter, two or more substantially similar or related transactions are considered a single transaction if the transactions:

(1) are entered into contemporaneously; and

(2) have at least one common party.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.