Texas Civil Practice and Remedies Code 172.004 – Commercial Agreement
Terms Used In Texas Civil Practice and Remedies Code 172.004
- Property: means real and personal property. See Texas Government Code 311.005
An arbitration or conciliation agreement is commercial if it arises out of a relationship of a commercial nature, including:
(1) a transaction for the supply or exchange of goods or services;
(2) a distribution agreement;
(3) a commercial representation or agency;
(4) an exploitation agreement or concession;
(5) a joint venture or other related form of industrial or business cooperation;
(6) the carriage of goods or passengers by air, sea, rail, or road;
(7) a relationship involving:
(A) construction;
(B) insurance;
(C) licensing;
(D) factoring;
(E) leasing;
(F) consulting;
(G) engineering;
(H) financing;
(I) banking;
(J) professional services; or
(K) intellectual or industrial property, including trademarks, patents, copyrights, and software programs; or
(8) the transfer of data or technology.