Texas § FI.186.207 - RECEIVER'S TITLE AND PRIORITY
Full text of Texas The Texas Constitution § FI.186.207 — RECEIVER'S TITLE AND PRIORITY, with citation guidance and answers to common questions.
§ FI.186.207. RECEIVER'S TITLE AND PRIORITY
RECEIVER'S TITLE AND PRIORITY. (a) The receiver has the title to all the state trust company's property, contracts, and rights of action, wherever located, beginning on the date the state trust company is closed for liquidation. (b) The rights of the receiver have priority over a contractual lien or statutory landlord's lien under Chapter 54 , Property Code, judgment lien, attachment lien, or voluntary lien that arises after the date of the closing of the state trust company for liquidation. (c) The filing or recording of a receivership order in a record office of this state gives the same notice that would be given by a deed, bill of sale, or other evidence of title filed or recorded by the state trust company in liquidation. The recording clerk shall index a recorded receivership order in the records to which the order relates. Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.
Frequently Asked Questions About Texas § FI.186.207
What does The Texas Constitution § FI.186.207 cover?
Section FI.186.207 ("RECEIVER'S TITLE AND PRIORITY") 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 § FI.186.207?
A common citation format is "The Texas Constitution § FI.186.207" (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 § FI.186.207 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.