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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A repossession agent may file a petition in a justice court for a writ of assistance for the repossession of an aircraft.
(b) The repossession agent is entitled to the writ if the repossession agent establishes that:
(1) the aircraft is subject to the proposed repossession; and
(2) the repossession agent is authorized to engage in the repossession.
(c) The petition for the writ must include a copy of:
(1) the security agreement relating to the aircraft;
(2) the notice of default under the security agreement sent by the lender to the borrower;
(3) the instrument in which a power of attorney for the repossession is granted to the repossession agent by the lender; and
(4) the results of a title search of the Federal Aviation Administration's records for the aircraft.
Cite this article: FindLaw.com - Texas Property Code - PROP § 30.03. Petition for Writ of Assistance - last updated January 01, 2024 | https://codes.findlaw.com/tx/property-code/prop-sect-30-03/
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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