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Texas Business & Commerce Code

§ 2A.306 — PRIORITY OF CERTAIN LIENS ARISING BY OPERATION OF LAW

BC § 2A.306Title 1. UNIFORM COMMERCIAL CODE · Ch. 2A. LEASES · Art. C. EFFECT OF LEASE CONTRACT

Statute text

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If a person in the ordinary course of the person's business furnishes services or materials with respect to goods subject to a lease contract, a lien upon those goods in the possession of that person given by statute or rule of law for those materials or services takes priority over any interest of the lessor or lessee under the lease contract or this chapter unless the lien is created by statute and the statute provides otherwise or unless the lien is created by rule of law and the rule of law provides otherwise.

Legislative history

Added by Acts 1993, 73rd Leg., ch. 570, Sec. 1, eff. Sept. 1, 1993.

Source: Texas Business & Commerce Code § 2A.306 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.