Texas Business and Commerce Code 115.002 – Applicability
(a) This chapter applies to a seller or lessor of distributed renewable generation resources.
(b) This chapter does not apply to:
(1) a transaction involving the sale or transfer of the real property on which a distributed renewable generation resource is located;
(2) a person, including a person acting through the person’s officers, employees, brokers, or agents, who markets, sells, solicits, negotiates, or enters into an agreement for the sale or financing of a distributed renewable generation resource as part of a transaction involving the sale or transfer of the real property on which the distributed renewable generation resource is or will be affixed; or
(3) a third party that enters into an agreement for the financing of a distributed renewable generation resource.
Terms Used In Texas Business and Commerce Code 115.002
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Property: means real and personal property. See Texas Government Code 311.005
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.