Bill Text: TX SB1077 | 2015-2016 | 84th Legislature | Enrolled
Bill Title: Relating to the definition of "person" under the Uniform Commercial Code.
Sponsorship: Slight Partisan Bill (Republican 2-1)
Status: (Passed) 2015-05-23 - Effective immediately [SB1077 Detail]
Download: Texas-2015-SB1077-Enrolled.html
| S.B. No. 1077 | ||
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| relating to the definition of "person" under the Uniform Commercial | ||
| Code. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 1.201(b)(27), Business & Commerce Code, | ||
| is amended to read as follows: | ||
| (27) "Person" means an individual, corporation, | ||
| business trust, estate, trust, partnership, limited liability | ||
| company, association, joint venture, government, governmental | ||
| subdivision, agency, or instrumentality, public corporation, [ |
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| any other legal or commercial entity, or a particular series of a | ||
| for-profit entity. | ||
| SECTION 2. This Act takes effect immediately if it receives | ||
| a vote of two-thirds of all the members elected to each house, as | ||
| provided by Section 39, Article III, Texas Constitution. If this | ||
| Act does not receive the vote necessary for immediate effect, this | ||
| Act takes effect September 1, 2015. | ||
| ______________________________ | ______________________________ | |
| President of the Senate | Speaker of the House | |
| I hereby certify that S.B. No. 1077 passed the Senate on | ||
| April 9, 2015, by the following vote: Yeas 31, Nays 0. | ||
| ______________________________ | ||
| Secretary of the Senate | ||
| I hereby certify that S.B. No. 1077 passed the House on | ||
| May 12, 2015, by the following vote: Yeas 144, Nays 0, two | ||
| present not voting. | ||
| ______________________________ | ||
| Chief Clerk of the House | ||
| Approved: | ||
| ______________________________ | ||
| Date | ||
| ______________________________ | ||
| Governor | ||
