Railroad Company Property Subject To Execution; Characterization of Rolling Stock

Sec. 112.062. RAILROAD COMPANY PROPERTY SUBJECT TO EXECUTION; CHARACTERIZATION OF ROLLING STOCK. (a) All or any part of a railroad company's real and personal property is subject to execution and sale in the same manner as the property of individuals. (b) No portion of a railroad company's real or personal property is exempt from execution and sale. (c) The rolling stock and all other movable property belonging to a railroad company is considered personal property. Added by Acts 2009, 81st Leg., R.S., Ch. 85 (S.B. 1540), Sec. 2.03, eff. April 1, 2011. SUBCHAPTER C. SAFETY