Texas Statutes
Subchapter A. General Provisions
Section 56.003. Effect of Chapter on Timing of Payment Provisions

Sec. 56.003. EFFECT OF CHAPTER ON TIMING OF PAYMENT PROVISIONS. This chapter does not affect a provision that affects the timing of a payment in a contract for construction management or for the construction of improvements to real property if the payment is to be made within a reasonable period.
Added by Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 4.001(a), eff. September 1, 2009.

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Structure Texas Statutes

Texas Statutes

Business and Commerce Code

Title 4 - Business Opportunities and Agreements

Chapter 56 - Agreement for Payment of Construction Subcontractor

Subchapter A. General Provisions

Section 56.001. Definitions

Section 56.002. Inapplicability of Chapter to Certain Contracts

Section 56.003. Effect of Chapter on Timing of Payment Provisions

Section 56.004. Waiver of Chapter Prohibited