PRIORITY
Applied in 3 court decisions — leading case Meg Petroleum Corp. v. Halliburton Services (In Re Meg Petroleum Corp.) (1986)
Most recently applied in Baker Hughes Oilfield Operations, Inc. v. Union Bank of California, N.A. (In Re Cornerstone E & P Co.) (August 2010)
Acts 1983, 68th Leg., p. 3567, ch. 576, Sec. 1, eff
(a) The lien does not affect an encumbrance that attached to land or a leasehold before the lien's inception.
(b) The lien on material, machinery, supplies, or a specific improvement takes priority over an earlier encumbrance on the land or leasehold on which the material, machinery, supplies, or improvement is placed or located.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.