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Texas Business & Commerce Code

§ 22.003 — CONTRACTS CONCERNING SALE

BC § 22.003Title 2. COMPETITION AND TRADE PRACTICES · Ch. 22. PUBLIC SALE OF RESIDENTIAL REAL PROPERTY UNDER POWER OF SALE

Statute text

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A trustee or substitute trustee conducting a sale to which this chapter applies may contract with:
(1)an attorney to advise the trustee or substitute trustee or to administer or perform any of the trustee's or substitute trustee's functions or responsibilities under a security instrument or this chapter; or
(2)an auction company to arrange, manage, sponsor, or advertise a public sale.

Legislative history

Added by Acts 2017, 85th Leg., R.S., Ch. 1012 (H.B. 1470), Sec. 1, eff. September 1, 2017.

Source: Texas Business & Commerce Code § 22.003 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.