Tex. Business & Commerce Code § 3.117
This is the official text of Tex. Business & Commerce Code § 3.117, part of Texas’s Business & Commerce Code — governs commercial transactions and general business practices.
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§ 3.117. OTHER AGREEMENTS AFFECTING INSTRUMENT.
Official statutory text
Subject to applicable law regarding exclusion of proof of contemporaneous or previous agreements, the obligation of a party to an instrument to pay the instrument may be modified, supplemented, or nullified by a separate agreement of the obligor and a person entitled to enforce the instrument, if the instrument is issued or the obligation is incurred in reliance on the agreement or as part of the same transaction giving rise to the agreement. To the extent an obligation is modified, supplemented, or nullified by an agreement under this section, the agreement is a defense to the obligation.
Status: in_force · Read it on the official government site
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