81st Texas Legislature, Regular Session, Senate Bill 1442, Chapter 84 Page: 10 of 64
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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;
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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 September 20, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting UNT Libraries Government Documents Department.