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Terms Used In Texas Estates Code 1356.001

  • Contract: A legal written agreement that becomes binding when signed.
  • Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Minor: means a person younger than 18 years of age who:
    (1) has never been married; and
    (2) has not had the disabilities of minority removed for general purposes. See Texas Estates Code 22.022
  • Person: includes a natural person and a corporation. See Texas Estates Code 22.027
  • Property: means real and personal property. See Texas Government Code 311.005

In this chapter:
(1) “Advertise” means to solicit or induce the purchase of consumer goods or services through electronic or print media, including:
(A) radio;
(B) television;
(C) computer; or
(D) direct mail.
(2) “Advertisement contract” means a contract under which a person is employed or agrees to advertise consumer goods or services.
(3) “Artist” means:
(A) an actor who performs in a motion picture, theatrical, radio, television, or other entertainment production;
(B) a musician or musical director;
(C) a director or producer of a motion picture, theatrical, radio, television, or other entertainment production;
(D) a writer;
(E) a cinematographer;
(F) a composer, lyricist, or arranger of musical compositions;
(G) a dancer or choreographer of musical productions;
(H) a model; or
(I) any other individual who provides similar professional services in a motion picture, theatrical, radio, television, or other entertainment production.
(4) “Arts and entertainment contract” means a contract under which:
(A) an artist is employed or agrees to provide services in a motion picture, theatrical, radio, television, or other entertainment production; or
(B) a person agrees to purchase, secure, sell, lease, license, or otherwise dispose of literary, musical, or dramatic tangible or intangible property or any rights in that property for use in the field of entertainment, including:
(i) a motion picture;
(ii) television;
(iii) the production of phonograph records; or
(iv) theater.
(5) “Consumer goods” means goods used or bought for use primarily for personal, family, or household purposes.
(6) “Net earnings,” with respect to a minor, means the total amount to be received for the services of the minor under a contract less:
(A) the amount required by law to be paid as taxes to any government or governmental agency;
(B) a reasonable amount to be spent for the support, care, maintenance, education, and training of the minor;
(C) fees and expenses paid in connection with procuring the contract or maintaining employment of the minor; and
(D) attorney’s fees for services provided in connection with the contract or any other business of the minor.
(7) “Sports contract” means a contract under which an athlete is employed or agrees to participate, compete, or engage in a sports or athletic activity at a professional or amateur sports event or athletic event.