Texas § BC.23.08 - FORM AND CONTENT OF ASSIGNMENT

Full text of Texas The Texas Constitution § BC.23.08 — FORM AND CONTENT OF ASSIGNMENT, with citation guidance and answers to common questions.

§ BC.23.08. FORM AND CONTENT OF ASSIGNMENT

FORM AND CONTENT OF ASSIGNMENT. (a) For an assignment to be valid, (1) the assigning debtor must make the assignment in writing; and (2) it must be proved or acknowledged and recorded in the manner provided by law for the conveyance of real estate. (b) The assigning debtor shall attach to his assignment an inventory containing the following information: (1) a list naming each creditor of the assigning debtor; (2) the resident address, if known, of each creditor; (3) the amount owed each creditor and the type of debt; (4) the consideration for the debt and the place where the debt arose; (5) a description of each existing judgment or security for the payment of the debt; (6) a schedule of all the assigning debtor's real and personal estate at the date of the assignment; (7) a description of (A) each encumbrance on the real and personal estate; and (B) each voucher and security relating to the estate; and (8) the value of the estate. (c) The assigning debtor shall sign the inventory required by Subsection (b) of this section and swear that it is just and true. Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1.

Frequently Asked Questions About Texas § BC.23.08

What does The Texas Constitution § BC.23.08 cover?

Section BC.23.08 ("FORM AND CONTENT OF ASSIGNMENT") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § BC.23.08?

A common citation format is "The Texas Constitution § BC.23.08" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § BC.23.08 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.