Tex. Bus. & Com. Code Section 271.001
Definition

In this chapter, “qualified transaction” means a transaction under which a party:

(1)

pays or receives, or is obligated to pay or is entitled to receive, consideration with an aggregate value of at least $1 million; or

(2)

lends, advances, borrows, or receives, or is obligated to lend or advance or is entitled to borrow or receive, money or credit with an aggregate value of at least $1 million.
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.

Source: Section 271.001 — Definition, https://statutes.­capitol.­texas.­gov/Docs/BC/htm/BC.­271.­htm#271.­001 (accessed Apr. 20, 2024).

Green check means up to date. Up to date

Accessed:
Apr. 20, 2024

§ 271.001’s source at texas​.gov