Texas Business and Commerce Code Chapter 15 > Subchapter E – Covenants Not to Compete
Current as of: 2024 | Check for updates
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Other versions
| § 15.50 | Criteria for Enforceability of Covenants Not to Compete |
| § 15.51 | Procedures and Remedies in Actions to Enforce Covenants Not to Compete |
| § 15.52 | Preemption of Other Law |
Terms Used In Texas Business and Commerce Code Chapter 15 > Subchapter E - Covenants Not to Compete
- Advice and consent: Under the Constitution, presidential nominations for executive and judicial posts take effect only when confirmed by the Senate, and international treaties become effective only when the Senate approves them by a two-thirds vote.
- Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
- Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Year: means 12 consecutive months. See Texas Government Code 311.005