Texas Statutes
§ 254.002 — FAILURE TO IDENTIFY PATENT RIGHT; CRIMINAL PENALTY.
Texas § 254.002
JurisdictionTexas
Code BCBusiness & Commerce Code
This text of Texas § 254.002 (FAILURE TO IDENTIFY PATENT RIGHT; CRIMINAL PENALTY.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Business & Commerce Code Code Ann. § 254.002 (2026).
Text
Sec. 254.002. FAILURE TO IDENTIFY PATENT RIGHT; CRIMINAL PENALTY.
(a)A person selling a patent right or patent right territory may not take a note or lien evidencing or securing the purchase price for the patent right or patent right territory without placing on the face of the note or lien the statement required by Section 254.001 (a).
(b)A person who violates this section commits an offense. An offense under this section is a misdemeanor punishable by a fine of not less than $25 or more than $200.
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Legislative History
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278 ), Sec. 2.01, eff. April 1, 2009.
Nearby Sections
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Bluebook (online)
Texas § 254.002, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/254.002.