Texas Property Code 53.205 – Enforceable Claims
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(a) The bond protects all persons with a claim that is:
(1) perfected in the manner prescribed for fixing a lien under Subchapter C; or
(2) perfected in the manner prescribed by § 53.206.
(b) A claim or the rights to a claim under the bond may be assigned.
Terms Used In Texas Property Code 53.205
- Lien: A claim against real or personal property in satisfaction of a debt.