Texas Finance Code 351.054 – Notice to Taxing Unit
Current as of: 2024 | Check for updates
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(a) A transferee of a tax lien must include with the sworn document executed by the borrower and filed with the collector of a taxing unit under § 32.06(a-1), Tax Code, the information required by this section.
(b) If the transferee is licensed under this chapter, the transferee shall include with the filing the licensee’s license number assigned by the commissioner.
Terms Used In Texas Finance Code 351.054
- Lien: A claim against real or personal property in satisfaction of a debt.
- sworn: includes affirm or affirmed. See Texas Government Code 312.011
(c) If the transferee is exempt from this chapter under § 351.051(c)(1), the transferee shall include with the filing an affidavit stating the entity’s type of organization that qualifies it for the exemption, any charter number assigned by the governmental authority that issued the entity’s charter, and the address of the entity’s main office.
(d) If the transferee is exempt from this chapter under § 351.051(c)(2), the transferee shall include a certificate issued by the commissioner indicating the entity’s exemption. The commissioner shall establish procedures for issuance of a certificate under this subsection, application requirements, and requirements regarding information that must be submitted with an application.
