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Texas Alcoholic Beverage Code

§ 103.19 — TRANSFER OF SECURITY INTERESTS

AL § 103.19Title 4. REGULATORY AND PENAL PROVISIONS · Ch. 103. ILLICIT BEVERAGES

Statute text

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All security interests in property sold under this chapter shall be transferred to the proceeds of the sale.

Legislative history

Acts 1977, 65th Leg., p. 509, ch. 194, Sec. 1, eff. Sept. 1, 1977.

Source: Texas Alcoholic Beverage Code § 103.19 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.