Sec. 172.004. COMMERCIAL AGREEMENT. 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.
Added by Acts 1989, 71st Leg., ch. 109, Sec. 1, eff. Sept. 1, 1989. Redesignated from Vernon's Ann.Civ.St. art. 249-4 and amended by Acts 1995, 74th Leg., ch. 588, Sec. 1, eff. Sept. 1, 1995. Amended by Acts 1997, 75th Leg., ch. 165, Sec. 5.02, eff. Sept. 1, 1997.
Structure Texas Statutes
Civil Practice and Remedies Code
Title 7 - Alternate Methods of Dispute Resolution
Chapter 172 - Arbitration and Conciliation of International Commercial Disputes
Subchapter A. General Provisions
Section 172.001. Scope of Chapter
Section 172.003. International Agreement
Section 172.004. Commercial Agreement
Section 172.005. Date Written Communications Received