Texas Property Code

§ 61.001 — DEFINITIONS

PR § 61.001Title 5. EXEMPT PROPERTY AND LIENS · Part B. LIENS · Ch. 61. MOTOR VEHICLE MORTGAGEE'S LIEN

Statute text

In this chapter:

(1)"Motor vehicle" means any motor-driven or propelled vehicle required to be registered or licensed under the laws of this state.

(2)"Mortgagee" means a secured party, as defined by Section 9.102, Business & Commerce Code, holding a lien on a motor vehicle that has been perfected pursuant to Subchapter F, Chapter 501, Transportation Code.

(3)"Mortgagor" means a debtor, as defined by Section 9.102, Business & Commerce Code, giving a lien or agreeing that a lien may be retained on a motor vehicle.

Legislative history

Added by Acts 1989, 71st Leg., ch. 171, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1997, 75th Leg., ch. 165, Sec. 30.246, eff. Sept. 1, 1997; Acts 1999, 76th Leg., ch. 414, Sec. 2.37, eff. July 1, 2001.