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Texas Business & Commerce Code - Section 35.07. Recording Of Notice In County Of Real Property; Separate Index By County Clerk Of Security Instruments And Continuation Statements

Legal Research Home > Texas Lawyer > Business & Commerce Code > Texas Business & Commerce Code - Section 35.07. Recording Of Notice In County Of Real Property; Separate Index By County Clerk Of Security Instruments And Continuation Statements

§ 35.07. RECORDING OF NOTICE IN COUNTY OF REAL PROPERTY; SEPARATE INDEX BY COUNTY CLERK OF SECURITY INSTRUMENTS AND CONTINUATION STATEMENTS. (a) If any security instrument filed with the office of the Secretary of State under Section 35.02 of this code grants an interest, as security, in any real property owned by the utility, a notice of utility security instrument affecting real property shall be recorded in the office of the county clerk in the county where the real property is located, stating (1) the name of the utility which executed the security instrument; (2) that a security instrument affecting real property in the county has been executed by the utility; and (3) that such security instrument was filed, and other security instruments may be on file, in the office of the Secretary of State. (b) It shall not be necessary to record a notice regarding other security instruments executed by the utility, and the notice recorded under Subsection (a) of this section shall be sufficient to provide notice of any and all other security instruments (1) executed by the utility; (2) filed in the office of the Secretary of State; and (3) granting an interest, as security, in any real property, and fixtures thereto, located in the county where such notice was recorded. (c) Notices recorded under Subsection (a) of this section shall be recorded and indexed by the county clerk in the same records and indices as are mortgages on real property. (d) The county clerk shall maintain a separate index of utility security instruments and continuation statements recorded under prior law. Acts 1967, 60th Leg., p. 2343, ch. 785, § 1. Amended by Acts 1973, 63rd Leg., p. 1032, ch. 400, § 7, eff. Jan. 1, 1974.

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Last modified: August 10, 2007