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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Recordation of a lien under this chapter is considered to occur when:
(1) the department's titling system is updated; or
(2) the county assessor-collector accepts the application of title that discloses the lien with the filing fee.
(b) For purposes of Chapter 9, Business & Commerce Code, the time of recording a lien under this chapter is considered to be the time of filing the security interest, and on such recordation, the recorded lienholder and assignees under Section 501.114 obtain priority over the rights of a lien creditor, as defined by Section 9.102, Business & Commerce Code, for so long as the lien is recorded on the title.
Cite this article: FindLaw.com - Texas Transportation Code - TRANSP § 501.113. Recordation of Security Interest - last updated January 01, 2024 | https://codes.findlaw.com/tx/transportation-code/transp-sect-501-113/
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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