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Abstract:
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Because 2002 was not a legislative year in Texas, the bulk of this Survey discusses cases decided during 2002 under the Uniform Commercial Code as contained in the Texas Business and Commerce Code (the "Code"). During this time period, however, the National Conference of Commissioners on Uniform State Laws (NCCUSL) approved a complete revision of the general provisions contained in Article 1 of the Code and submitted this revision to the several states for possible enactment. Because revised Article 1 may be considered during the 2003 Texas legislative session, this Survey discusses some of the more important changes made by this revision. |
