Texas Parks and Wildlife Code

§ 31.052 — SECURITY INTEREST LIENS

PW § 31.052Title 4. WATER SAFETY · Ch. 31. WATER SAFETY · Art. B-1. CERTIFICATES OF TITLE FOR VESSELS AND OUTBOARD MOTORS

Statute text

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Text of subsection effective until January 01, 2028

(a)Except as provided by this section and Section 31.050(c), and except for statutory liens, security interests in a vessel or outboard motor shall be noted on the certificate of title of the vessel or outboard motor to which the security interest applies. On recordation of a security interest on the certificate of title, the recorded security interest owner and assignees under Subsection (c) obtain priority over the rights of a lien creditor, as defined by Section 9.102, Business & Commerce Code, for so long as the security interest is recorded on the certificate of title. Text of subsection effective on January 01, 2028

(a)Except as provided by this section and Section 31.050(c), and except for statutory liens, security interests in a vessel or outboard motor shall be noted on the certificate of title of the vessel or outboard motor to which the security interest applies. On recordation of a security interest on the certificate of title, the recorded security interest owner and assignees under Subsection (c) obtain priority over the rights of a lien creditor for so long as the security interest is recorded on the certificate of title.

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Legislative history

Acts 2009, 81st Leg., R.S., Ch. 814 (S.B. 1592), Sec. 3, eff. June 19, 2009. Acts 2025, 89th Leg., R.S., Ch. 185 (S.B. 1267), Sec. 18, eff. January 1, 2028.