1-1 AN ACT
1-2 relating to the discharge of a lien against a motor vehicle.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Section 501.115(a), Transportation Code, is
1-5 amended to read as follows:
1-6 (a) When a debt or claim secured by a lien has been
1-7 satisfied, the lienholder shall, within a reasonable time not to
1-8 exceed the maximum time allowed by Section 348.408, Finance Code
1-9 [21 days from receipt of the final payment], execute and deliver to
1-10 the owner, or the owner's designee, a discharge of the lien on a
1-11 form prescribed by the department.
1-12 SECTION 2. The importance of this legislation and the
1-13 crowded condition of the calendars in both houses create an
1-14 emergency and an imperative public necessity that the
1-15 constitutional rule requiring bills to be read on three several
1-16 days in each house be suspended, and this rule is hereby suspended,
1-17 and that this Act take effect and be in force from and after its
1-18 passage, and it is so enacted.
_______________________________ _______________________________
President of the Senate Speaker of the House
I certify that H.B. No. 2176 was passed by the House on April
8, 1999, by the following vote: Yeas 144, Nays 0, 2 present, not
voting.
_______________________________
Chief Clerk of the House
I certify that H.B. No. 2176 was passed by the Senate on May
13, 1999, by the following vote: Yeas 30, Nays 0.
_______________________________
Secretary of the Senate
APPROVED: _____________________
Date
_____________________
Governor