Texas Statutes (Last Updated: January 4, 2014) |
BUSINESS AND COMMERCE CODE |
Title 1. UNIFORM COMMERCIAL CODE |
Chapter 2. SALES |
Subchapter C. GENERAL OBLIGATION AND CONSTRUCTION OF CONTRACT |
Sec. 2.303. ALLOCATION OR DIVISION OF RISKS
Latest version.
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Where this chapter allocates a risk or a burden as between the parties "unless otherwise agreed", the agreement may not only shift the allocation but may also divide the risk or burden.
Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1, eff. Sept. 1, 1967.