Texas § ES.1157.152 - PREFERRED DEBT AND LIEN
Full text of Texas The Texas Constitution § ES.1157.152 — PREFERRED DEBT AND LIEN, with citation guidance and answers to common questions.
§ ES.1157.152. PREFERRED DEBT AND LIEN
PREFERRED DEBT AND LIEN. When a claim for a debt has been allowed and approved under Section 1157.151 (a)(2): (1) a further claim for the debt may not be made against other estate assets; (2) the claim remains a preferred lien against the property securing the claim; and (3) the property remains security for the debt in any distribution or sale of the property before final maturity and payment of the debt. Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759 ), Sec. 1.02, eff. January 1, 2014.
Frequently Asked Questions About Texas § ES.1157.152
What does The Texas Constitution § ES.1157.152 cover?
Section ES.1157.152 ("PREFERRED DEBT AND LIEN") 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 § ES.1157.152?
A common citation format is "The Texas Constitution § ES.1157.152" (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 § ES.1157.152 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.