Texas Business And Commerce Code Title 8, Chapter 261 - Utility Security Instruments
- Texas Section 261.001 - Definitions
(a) In this chapter: (1) "Utility" means a person engaged in this state in: (A) generating, transmitting, or distributing and selling electric power; (B) transporting,...
- Texas Section 261.002 - Act Constituting Filing
For purposes of this chapter, a utility security instrument is filed when it is deposited for filing with the secretary of state. Added by Acts...
- Texas 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...
- Texas Section 261.004 - Filing Utility Security Instrument With Secretary Of State: Perfection And Notice
(a) Subject to Subsection (b), the filing with the secretary of state of a utility security instrument executed by a utility and described by Section...
- Texas Section 261.005 - Duration Of Perfection And Notice
The perfection and notice provided by the filing of a utility security instrument under Section 261.004 take effect on the date of filing and remain...
- Texas Section 261.006 - Priorities And Remedies Applicable To Certain Perfected Security Interests
The provisions of Chapter 9 relating to priorities and remedies apply to security interests in personal property, including fixtures, perfected under Section 261.004. Added by...
- Texas Section 261.007 - Notice Of Name Change, Merger, Or Consolidation
(a) A utility that changes its name or merges or consolidates after filing a utility security instrument under Section 261.004 shall promptly file with the...
- Texas Section 261.008 - Endorsement And Filing By Secretary Of State; Fees
(a) The secretary of state shall endorse on a utility security instrument and any statement of name change, merger, or consolidation filed with the secretary...
- Texas Section 261.009 - Certificate Of Filing; Fee
(a) On request of any person, the secretary of state shall issue a certificate that: (1) indicates whether on the date and hour stated in...
- Texas Section 261.010 - Copy Of Filed Utility Security Instrument; Fee
(a) On request and payment of the fee prescribed by Subsection (b), the secretary of state shall provide a person with a copy of any...
- Texas Section 261.011 - Notice Of Utility Security Instrument Affecting Real Property
(a) If a utility security instrument filed with the secretary of state under Section 261.004 grants a security interest in real property owned by the...
- Texas Section 261.012 - Assignment Of Security Interest
(a) A secured party may assign a security interest recorded under Section 261.004 without making any filing or giving any notice under this chapter. The...
Last modified: September 28, 2016