Tex. Bus. & Com. Code § 261.007 · Chapter 261. UTILITY SECURITY INSTRUMENTS
NOTICE OF NAME CHANGE, MERGER, OR CONSOLIDATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A utility that changes its name or merges or consolidates after filing a utility security instrument under Section 261.004 shall promptly file with the secretary of state a written statement of the name change, merger, or consolidation. The written statement must:
(1) be signed by the secured party and the utility;
(2) identify the appropriate utility security instrument by file number; and
(3) state the name of the utility after the name change, merger, or consolidation.
(b) Unless a written statement is filed under Subsection (a) not later than four months after the effective date of the name change, merger, or consolidations, the filing of a utility security instrument before the name change, merger, or consolidation does not constitute perfection or serve as notice under Section 261.004 of a security interest in property acquired by the utility more than four months after the name change, merger, or consolidation.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BC/htm/BC.261.htm
- Text hash
- sha256 66ca738349c9fa64c0b5f502b3e988fc871280e8fd3f11a1fb6e180490ba353a
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
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Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.