An arbitration or conciliation agreement is commercial if it arises out of a relationship of a commercial nature, including:

1. (1) a transaction for the supply or exchange of goods or services;
2. (2) a distribution agreement;
3. (3) a commercial representation or agency;
4. (4) an exploitation agreement or concession;
5. (5) a joint venture or other related form of industrial or business cooperation;
6. (6) the carriage of goods or passengers by air, sea, rail, or road;

7. (7) a relationship involving:

   1. (A) construction;
   2. (B) insurance;
   3. (C) licensing;
   4. (D) factoring;
   5. (E) leasing;
   6. (F) consulting;
   7. (G) engineering;
   8. (H) financing;
   9. (I) banking;
   10. (J) professional services; or
   11. (K) intellectual or industrial property, including trademarks, patents, copyrights, and software programs; or
8. (8) the transfer of data or technology.

Added by Acts 1989, 71st Leg., ch. 109, Sec. 1, eff. Sept. 1, 1989. Redesignated from Vernon's Ann.Civ.St. art. 249-4 and amended by Acts 1995, 74th Leg., ch. 588, Sec. 1, eff. Sept. 1, 1995.

Amended by Acts 1997, 75th Leg., ch. 165, Sec. 5.02, eff. Sept. 1, 1997.