81st Texas Legislature, Regular Session, Senate Bill 1442, Chapter 84 Page: 10 of 64
The following text was automatically extracted from the image on this page using optical character recognition software:
S.B. No. 1442
1 .(7) creating, as borrower or lender, or acquiring
2 indebtedness or a mortgage or other security interest in real or
3 personal property;
4 (8) securing or collecting a debt due the entity or
5 enforcing a right in property that secures a debt due the entity;
6 (9) transacting business in interstate commerce;
7 (10) conducting an isolated transaction that:
8 (A) is completed within a period of 30 days; and
9 (B) is not in the course of a number of repeated,
10 similar transactions;
11 . (11) in a case that does not involve an activity that
12 would constitute the transaction of business in this state if the
13 activity were one of a foreign entity acting in its own right:
14 i (A) exercising a , power of executor or
15 administrator of the estate of a nonresident decedent under
16 ancillary letters issued by a court of this state; or
17 I (B) exercising a power of a trustee under the
18 will of a nonresident decedent, or under a trust created by one or
19 more nonresidents of this state, or by one or more foreign entities;
20 (12) regarding a debt secured by a mortgage or lien on
21 real or personal property in this state:
22 (A) acquiring the debt in a transaction outside
23 this state or in interstate commerce;
24 (B) collecting or adjusting a principal or
25 interest payment on the debt;
26 (C) enforcing or adjusting a right or property
27 securing the debt;
Here’s what’s next.
This document can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Legislative Document.
Texas. Legislature. Senate. 81st Texas Legislature, Regular Session, Senate Bill 1442, Chapter 84, legislative document, May 20, 2009; [Austin, Texas]. (texashistory.unt.edu/ark:/67531/metapth310916/m1/10/: accessed July 21, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting UNT Libraries Government Documents Department.