1-1  By:  Pitts (Senate Sponsor - Harris of Tarrant)       H.B. No. 1143
    1-2        (In the Senate - Received from the House April 19, 1993;
    1-3  April 19, 1993, read first time and referred to Committee on
    1-4  Jurisprudence; May 4, 1993, reported favorably by the following
    1-5  vote:  Yeas 6, Nays 0; May 4, 1993, sent to printer.)
    1-6                            COMMITTEE VOTE
    1-7                          Yea     Nay      PNV      Absent 
    1-8        Henderson          x                               
    1-9        Harris of Tarrant  x                               
   1-10        Brown              x                               
   1-11        Harris of Dallas   x                               
   1-12        Luna               x                               
   1-13        Parker                                         x   
   1-14        West               x                               
   1-15                         A BILL TO BE ENTITLED
   1-16                                AN ACT
   1-17  relating to an action for recovery of real property conveyed by an
   1-18  instrument with certain technical defects.
   1-19        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
   1-20        SECTION 1.  Section 16.033(a), Civil Practice and Remedies
   1-21  Code, is amended to read as follows:
   1-22        (a)  A person with a right of action for the recovery of real
   1-23  property conveyed by an instrument with one of the following
   1-24  defects must bring suit not later than four <10> years after the
   1-25  day the instrument was recorded with the county clerk of the county
   1-26  where the real property is located:
   1-27              (1)  lack of the signature of a proper corporate
   1-28  officer, partner, or company officer, manager, or member;
   1-29              (2)  lack of a corporate seal;
   1-30              (3)  failure of the record to show the corporate seal
   1-31  used;
   1-32              (4)  failure of the record to show authority of the
   1-33  board of directors or stockholders of a corporation, partners of a
   1-34  partnership, or officers, managers, or members of a company;
   1-35              (5)  execution and delivery of the instrument by a
   1-36  corporation, partnership, or other company that had been dissolved,
   1-37  whose charter had expired, or whose franchise had been canceled,
   1-38  withdrawn, or forfeited;
   1-39              (6)  acknowledgment of the instrument in an individual,
   1-40  rather than a representative or official, capacity;
   1-41              (7)  execution of the instrument by a trustee without
   1-42  record of the authority of the trustee or proof of the facts
   1-43  recited in the instrument;
   1-44              (8)  <failure of the public officer taking the
   1-45  acknowledgment to affix the official seal to the instrument;>
   1-46              <(9)>  failure of the record or instrument to show an
   1-47  acknowledgment or jurat that complies with applicable law <the
   1-48  notarial seal>; or
   1-49              (9) <(10)>  wording of the stated consideration that
   1-50  may or might create an implied lien in favor of the grantor.
   1-51        SECTION 2.  This Act takes effect September 1, 1993, and
   1-52  applies only to a suit that is filed on or after that date.  A suit
   1-53  that is filed before the effective date of this Act is governed by
   1-54  the law in effect at the time the suit is filed, and that law is
   1-55  continued in effect for that purpose.
   1-56        SECTION 3.  The importance of this legislation and the
   1-57  crowded condition of the calendars in both houses create an
   1-58  emergency and an imperative public necessity that the
   1-59  constitutional rule requiring bills to be read on three several
   1-60  days in each house be suspended, and this rule is hereby suspended.
   1-61                               * * * * *
   1-62                                                         Austin,
   1-63  Texas
   1-64                                                         May 4, 1993
   1-65  Hon. Bob Bullock
   1-66  President of the Senate
   1-67  Sir:
   1-68  We, your Committee on Jurisprudence to which was referred H.B.
    2-1  No. 1143, have had the same under consideration, and I am
    2-2  instructed to report it back to the Senate with the recommendation
    2-3  that it do pass and be printed.
    2-4                                                         Henderson,
    2-5  Chairman
    2-6                               * * * * *
    2-7                               WITNESSES
    2-8                                                  FOR   AGAINST  ON
    2-9  ___________________________________________________________________
   2-10  Name:  Robert Sneed                              x
   2-11  Representing:  TX Land Title Assoc.
   2-12  City:  Austin
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   2-14  Name:  Randy M. Lee                              x
   2-15  Representing:  Stewart Title Guaranty Co.
   2-16  City:  Austin
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