Section 1201.157 - Retailer As Warehouse(a) With respect to the storage of manufactured homes for hire, a licensed retailer is: (1) a "warehouse" as defined by Section 7.102, Business & Commerce Code; and(2) a "warehouseman" under Chapter 24, Property Code.(b) The provisions of the Business & Commerce Code relating to the storage of goods for hire apply to a licensed retailer acting as a warehouse.(c) A licensed retailer acting as a warehouse and warehouseman satisfies all storage, bonding, insurance, public sale, and security requirements if the storage of a manufactured home occurs on the retailer's lot and the home is secured in the same manner the retailer secures a manufactured home held on the lot as inventory.(d) In accordance with the provisions of Section 7.210, Business & Commerce Code, a licensed retailer acting as a warehouse to enforce a warehouse's lien is considered to have sold a manufactured home in a commercially reasonable manner if the retailer sells the manufactured home in the same manner the retailer would sell a manufactured home at retail.Tex. Occ. Code § 1201.157
Amended by Acts 2017, Texas Acts of the 85th Leg. - Regular Session, ch. 408,Sec. 20, eff. 9/1/2017.Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. 6/1/2003.