Business & Commerce Code § 56.051
A contingent payor or its surety may not enforce a contingent payment clause when its own contractual obligations were not met, unless the nonpayment was caused by the contingent payee failing to meet its contractual requirements.
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Language
- en
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contract enforcement payment clauses
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Business & Commerce Code § 56.051
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