1 Subsection (d) as amended by Acts 2001, 77th Leg., ch. 699, §7, eff. Sept. 1, 2001. The changes to Section. 154.155(d) do not apply to cancellation of a contract that was executed and binding on all parties before September 1, 2001. Such a cancellation is governed by the law in effect when the contract was executed, and the former law is continued in effect for that purpose. Id., §21(a).