Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 30.01 - Definitions In this chapter:
(1) "Aircraft" means a self-propelled motor vehicle that can be used to transport a person by flight in the air.(2) "Repossession" means the recovery of an aircraft that has been sold under a security agreement containing a repossession clause authorizing the lender to recover the aircraft if the borrower defaults under the agreement.(3) "Repossession agent" means an individual who is authorized to engage in a repossession for a lender.Added by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 1125,Sec. 1, eff. 9/1/2015.