The secretary of state shall adopt rules necessary to:
(1) determine the disposition of a security claim filed under Section 702.251; and
(2) ensure the prompt and fair distribution of security proceeds.
Tex. Occ. Code § 702.052
RULES RELATING TO SECURITY CLAIMS AND PROCEEDS
Known as the Health Spa Act
The act spans §§ 702–702 (65 sections).
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.