Tex. Prop. Code § 70.305

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 70.305 - Sale of Aircraft

If the holder of a lien under this subchapter provides the notice required by Section 70.304 and the amount due remains unpaid after the 90th day after the date of the completion of the contractual storage period or the performance of the last fueling, repair, or maintenance, the holder of the lien may sell the aircraft at a public sale and apply the proceeds to the amount due. The lienholder shall pay any excess proceeds to the person entitled to them.

Tex. Prop. Code § 70.305

Amended By Acts 2005, 79th Leg., Ch. 677, Sec. 4, eff. 6/17/2005.
Amended By Acts 2001, 77th Leg., ch. 1171, Sec. 4, eff. 9/1/2001.
Amended by Acts 1995, 74th Leg., ch. 946, Sec. 1, eff. 8/28/1995
Added by Acts 1989, 71st Leg., ch. 250, Sec. 1, eff. 9/1/1989.