79R440 AJA-D
By: Wentworth S.B. No. 149
A BILL TO BE ENTITLED
AN ACT
relating to recording of aircraft repair and maintenance liens.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 70.303, Property Code, is amended to
read as follows:
Sec. 70.303. RECORDING OF LIEN. (a) A holder of a lien
under this subchapter may record the lien on the aircraft by filing
with the Federal Aviation Administration Aircraft Registry or the
secretary of state not later than the 180th day after the date of
the completion of the contractual storage period or the performance
of the last repair or maintenance a verified document in the form
and manner required by applicable federal or state laws and
regulations that states:
(1) the name, address, and telephone number of the
holder of the lien under this subchapter;
(2) the amount due for storage, fuel, repairs, or
maintenance;
(3) a complete description of the aircraft; and
(4) the name and address of the owner of the aircraft
and the number assigned the aircraft by the Federal Aviation
Administration, if known.
(b) The secretary of state shall maintain a record of
information filed with the secretary of state under this section
and index the records in the name of the owner of the aircraft.
SECTION 2. Section 70.304(a), Property Code, is amended to
read as follows:
(a) Not later than the 30th day after the date of the
completion of the contractual storage period or the performance of
the last fueling, repair, or maintenance, a holder of a lien under
this subchapter who retains possession of the aircraft shall notify
the owner shown on the certificate of registration and each holder
of a lien on the aircraft as shown by the records maintained for
that purpose by the Federal Aviation Administration Aircraft
Registry or the secretary of state. The notice must state:
(1) the name, address, and telephone number of the
holder of the lien under this subchapter;
(2) the amount due for storage, fuel, repairs, or
maintenance;
(3) a complete description of the aircraft; and
(4) the legal right of the holder of the lien under
this subchapter to sell the aircraft at public auction and apply the
proceeds to the amount due.
SECTION 3. The change in law made by this Act applies only
to an aircraft repair and maintenance lien that arises under
Subchapter D, Chapter 70, Property Code, on or after the effective
date of this Act. A lien that arises before the effective date of
this Act is governed by the law in effect immediately before that
date, and that law is continued in effect for that purpose.
SECTION 4. This Act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect September 1, 2005.