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Texas Parks and Wildlife Code - PARKS & WILD § 31.058. Rights of Purchaser Other than Secured Party

Current as of January 01, 2024 | Updated by Findlaw Staff

<Text of section effective Jan. 1, 2028 >

(a) In this section, "buyer in ordinary course of business" has the meaning assigned by Section 1.201, Business & Commerce Code.

(b) A buyer in ordinary course of business has the protections afforded by Sections 2.403(b) and 9.320(a), Business & Commerce Code, regardless of whether:

(1) an existing certificate of title was signed and delivered to the buyer;  or

(2) a new certificate of title listing the buyer as owner of record was issued.

(c) Except as provided by Sections 31.053 and 31.0582, the rights of a purchaser of a vessel or outboard motor that is not a buyer in ordinary course of business or a lien creditor are governed by the Business & Commerce Code.

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Cite this article: FindLaw.com - Texas Parks and Wildlife Code - PARKS & WILD § 31.058. Rights of Purchaser Other than Secured Party - last updated January 01, 2024 | https://codes.findlaw.com/tx/parks-and-wildlife-code/parks-wild-sect-31-058/

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