Texas Business and Commerce Code Chapter 3 > Subchapter F – Discharge and Payment
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§ 3.601 | Discharge and Effect of Discharge |
§ 3.602 | Payment |
§ 3.603 | Tender of Payment |
§ 3.604 | Discharge by Cancellation or Renunciation |
§ 3.605 | Discharge of Secondary Obligors |
Terms Used In Texas Business and Commerce Code Chapter 3 > Subchapter F - Discharge and Payment
- Chief judge: The judge who has primary responsibility for the administration of a court but also decides cases; chief judges are determined by seniority.
- Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
- Reporter: Makes a record of court proceedings and prepares a transcript, and also publishes the court's opinions or decisions (in the courts of appeals).
- Signature: includes the mark of a person unable to write, and "subscribe" includes the making of such a mark. See Texas Government Code 312.011