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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A lienholder who repossesses a vehicle delivered to a vehicle storage facility is liable to the operator of the facility for any money owed to the operator in relation to delivery of the vehicle to or storage of the vehicle in the facility regardless of whether an amount accrued before the lienholder repossessed the vehicle.
(b) An insurance company that pays a claim of total loss on a vehicle in a vehicle storage facility is liable to the operator of the facility for any money owed to the operator in relation to delivery of the vehicle to or storage of the vehicle in the facility regardless of whether an amount accrued before the insurance company paid the claim.
Cite this article: FindLaw.com - Texas Occupations Code - OCC § 2303.156. Payment by Lienholder or Insurance Company - last updated January 01, 2024 | https://codes.findlaw.com/tx/occupations-code/occ-sect-2303-156/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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