(a) A common carrier may sell at public auction perishable property that is unclaimed after arrival at its destination if:
(1) the property is in danger of depreciation; and
(2) the carrier gives five days’ notice of the sale.
(b) The notice must contain the same information and be given in the same manner as the notice described by Sections 6.002(b) and (c).
Terms Used In Texas Transportation Code 6.005
- Property: means real and personal property. See Texas Government Code 311.005
(c) The common carrier shall dispose of the proceeds of the sale in the same manner as provided by Section 6.003.