In this subchapter, "default" means the failure to:
(1) make a timely payment; or
(2) comply with a term of an executory contract.
DEFINITION
Applied in 5 court decisions — leading case Stanley Shook// Terry Walden and Joy Walden v. Terry Walden and Joy Walden// Stanley Shook, Patrick Jaehne and S&J Endeavors, L.L.C. (2012)
Most recently applied in Stanley Shook// Terry Walden and Joy Walden v. Terry Walden and Joy Walden// Stanley Shook, Patrick Jaehne and S&J Endeavors, L.L.C. (March 2012)
Added by Acts 1995, 74th Leg., ch. 994, Sec. 2, eff
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
In this subchapter, "default" means the failure to:
(1) make a timely payment; or
(2) comply with a term of an executory contract.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.