Texas Occupations Code 2101.004 – Consigned Sound Recordings Exempt From Certain Liens or Claims
Current as of: 2024 | Check for updates
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(a) Notwithstanding any provision of the Business & Commerce Code, a sound recording delivered by the artist who produced the music or other sound on the recording to a recording distributor for sale and the proceeds from the recording distributor’s sale of the sound recording are not subject to a claim, lien, or security interest of a creditor of the recording distributor.
(b) Except as provided by Subsection (c), this section applies to the proceeds of a sale of a sound recording regardless of whether the recording distributor or another person purchased the recording.
Terms Used In Texas Occupations Code 2101.004
- Lien: A claim against real or personal property in satisfaction of a debt.
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
(c) This section does not apply to the proceeds of a sale of a sound recording if the artist delivered the recording to the recording distributor pursuant to a sale for which the artist has been paid in full.