4 Tex. Admin. Code § 3.509

Current through Reg. 49, No. 50; December 13, 2024
Section 3.509 - Release of Lien

The foundation will issue a release of lien to the grower:

(1) once the assessment has been paid in full or adequate documentation has been provided to establish that a prior lienholder is entitled to all or a portion of proceeds of the sale of cotton that would be paid towards the assessment; and
(2) the grower has executed an affidavit verifying that no other lienholders are entitled to the proceeds of the cotton, which is subject to the assessment lien.

4 Tex. Admin. Code § 3.509

The provisions of this §3.509 adopted to be effective October 1, 1999, 24 TexReg 7398