Texas Business & Commerce Code

§ 9.201 — GENERAL EFFECTIVENESS OF SECURITY AGREEMENT

BC § 9.201Title 1. UNIFORM COMMERCIAL CODE · Ch. 9. SECURED TRANSACTIONS · Art. B. EFFECTIVENESS OF SECURITY AGREEMENT; ATTACHMENT OF SECURITY INTEREST; RIGHTS OF PARTIES TO SECURITY AGREEMENT

Statute text

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(a)Except as otherwise provided by this title, a security agreement is effective according to its terms between the parties, against purchasers of the collateral, and against creditors.

(b)A transaction subject to this chapter is subject to any applicable rule of law that establishes a different rule for consumers and to:

(1)Title 4, Finance Code; and

(2)Subchapter E, Chapter 17.

(c)In case of conflict between this chapter and a rule of law, statute, or regulation described in Subsection (b), the rule of law, statute, or regulation controls. Failure to comply with a statute or regulation described in Subsection (b) has only the effect the statute or regulation specifies.

(d)This chapter does not:

…

Legislative history

Amended by Acts 1999, 76th Leg., ch. 414, Sec. 1.01, eff. July 1, 2001.