Tex. Bus. & Com. Code Section 261.003
Applicability of Chapter

A utility is subject to the requirements and entitled to the benefits of this chapter:

(1)

only if the utility files with the secretary of state a utility security instrument that states conspicuously on its title page: “This Instrument Grants A Security Interest By A Utility”; and

(2)

only with respect to collateral covered by a utility security instrument filed by the utility in accordance with Subdivision (1).
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.

Source: Section 261.003 — Applicability of Chapter, https://statutes.­capitol.­texas.­gov/Docs/BC/htm/BC.­261.­htm#261.­003 (accessed May 4, 2024).

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Accessed:
May 4, 2024

§ 261.003’s source at texas​.gov