Gavvy: Bus. & Com. Code, Sec. 661.004. No Negative Inference Or Presumption Created.

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Sec. 661.004. No Negative Inference Or Presumption Created.


Sec. 661.004.  NO NEGATIVE INFERENCE OR PRESUMPTION CREATED.  With respect to currency alteration other than the introduction of the euro, this chapter does not create any negative inference or negative presumption regarding the validity or enforceability of a contract, security, or instrument denominated wholly or partly in a currency affected by the alteration.
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.

Gavvy last updated this database on: Sep 6, 2024