Texas Transportation Code

§ 501.053 — FILING OF BOND AS ALTERNATIVE TO HEARING

TN § 501.053Title 7. VEHICLES AND TRAFFIC · Part A. CERTIFICATES OF TITLE AND REGISTRATION OF VEHICLES · Ch. 501. CERTIFICATE OF TITLE ACT · Art. C. REFUSAL TO ISSUE, REVOCATION, SUSPENSION, OR ALTERATION OF CERTIFICATE

Statute text

View on source

(a)As an alternative to the procedure provided by Section 501.052, the person may obtain a title by filing a bond with the department if the vehicle is in the possession of the applicant and:

(1)there is no security interest on the vehicle;

(2)any lien on the vehicle is at least 10 years old; or

(3)the person provides a release of all liens with bond.

(b)The bond must be:

(1)in the manner prescribed by the department;

…

Legislative history

Acts 2011, 82nd Leg., R.S., Ch. 1296 (H.B. 2357), Sec. 31, eff. January 1, 2012. Acts 2013, 83rd Leg., R.S., Ch. 1135 (H.B. 2741), Sec. 54, eff. September 1, 2013. Acts 2021, 87th Leg., R.S., Ch. 959 (S.B. 1817), Sec. 4, eff. September 1, 2021.