Transfer of Security Interests

Tex. Alcoholic Beverage Code § 103.19, under Illicit Beverages.

Tex. Alcoholic Beverage Code § 103.19

Sec. 103.19. TRANSFER OF SECURITY INTERESTS. All security interests in property sold under this chapter shall be transferred to the proceeds of the sale. Acts 1977, 65th Leg., p. 509, ch. 194, Sec. 1, eff. Sept. 1, 1977.