Texas Statutes (Last Updated: January 4, 2014) |
TRANSPORTATION CODE |
Title 7. VEHICLES AND TRAFFIC |
Subtitle A. CERTIFICATES OF TITLE AND REGISTRATION OF VEHICLES |
Chapter 501. CERTIFICATE OF TITLE ACT |
Subchapter F. SECURITY INTERESTS |
Sec. 501.116. CANCELLATION OF DISCHARGED LIEN
Latest version.
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The department may cancel a discharged lien that has been recorded on a title for 10 years or more if the recorded lienholder:
(1) does not exist; or
(2) cannot be located for the owner to obtain a release of the lien.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995. Amended by: Acts 2011, 82nd Leg., R.S., Ch. 1296 , Sec. 55, eff. January 1, 2012.