Sec. 2.205. FIRM OFFERS. An offer by a merchant to buy or sell goods in a signed writing which by its terms gives assurance that it will be held open is not revocable, for lack of consideration, during the time stated or if no time is stated for a reasonable time, but in no event may such period of irrevocability exceed three months; but any such term of assurance on a form supplied by the offeree must be separately signed by the offeror.
Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1, eff. Sept. 1, 1967.
Structure Texas Statutes
Title 1 - Uniform Commercial Code
Subchapter B. Form, Formation and Readjustment of Contract
Section 2.201. Formal Requirements; Statute of Frauds
Section 2.202. Final Written Expression: Parol or Extrinsic Evidence
Section 2.203. Seals Inoperative
Section 2.204. Formation in General
Section 2.206. Offer and Acceptance in Formation of Contract
Section 2.207. Additional Terms in Acceptance or Confirmation
Section 2.209. Modification, Rescission and Waiver
Section 2.210. Delegation of Performance; Assignment of Rights