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Texas Statutes, Title BC

Texas/Statutes

← All Texas coverage

Title BC, Business and Commerce Code

131 chapters · 1,843 sections in this title.

All chapters in Title BC1,843 Ch 9, Chapter 9146 Ch 2, Chapter 2103 Ch 17, Chapter 1782 Ch 2A, Chapter 2A78 Ch 3, Chapter 370 Ch 8, Chapter 851 Ch 4, Chapter 442 Ch 57, Chapter 5742 Ch 7, Chapter 741 Ch 4A, Chapter 4A38 Ch 51, Chapter 5137 Ch 302, Chapter 30236 Ch 20, Chapter 2035 Ch 681, Chapter 68135

12 sections·Filtered byTitle BC✕Ch 261✕

Tex. Business and Commerce Code § 261.001 Definitions
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Sec. 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, distributing, and selling, through a local distribution system, natural or other gas …
Tex. Business and Commerce Code § 261.002 Act Constituting Filing
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Sec. 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 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.
Tex. Business and Commerce Code § 261.003 Applicability of Chapter
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Sec. 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 Gra…
Tex. Business and Commerce Code § 261.004 Filing Utility Security Instrument With Secretary of State: Perfection and Notice
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Sec. 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 261.003(1) and payment of the fil…

Tex. Business and Commerce Code § 261.005 Duration of Perfection and Notice

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Sec. 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 in effect without any renewal, refiling, or continuation statement until the inter…

Tex. Business and Commerce Code § 261.006 Priorities and Remedies Applicable To Certain Perfected Security Interests

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Sec. 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 Acts 2007, 80t…

Tex. Business and Commerce Code § 261.007 Notice of Name Change, Merger, Or Consolidation

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Sec. 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 secretary of state a written statement of the name change, me…

Tex. Business and Commerce Code § 261.008 Endorsement and Filing By Secretary of State; Fees

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Sec. 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 of state: (1) the day and hour of receipt; and (2) the a…

Tex. Business and Commerce Code § 261.009 Certificate of Filing; Fee

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Sec. 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 the request, there is on file any presently effective utility security instrument naming a particula…

Tex. Business and Commerce Code § 261.010 Copy of Filed Utility Security Instrument; Fee

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Sec. 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 filed utility security instrument. (b) The fee for a copy under this section is in th…

Tex. Business and Commerce Code § 261.011 Notice of Utility Security Instrument Affecting Real Property

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Sec. 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 utility, a notice of utility security instrument affe…

Tex. Business and Commerce Code § 261.012 Assignment of Security Interest

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Sec. 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 security interest assigned remains valid and perfected and retains its priority,…