1371.105 – PLEDGE OR LIEN ON RESOURCES, ASSETS, OR FUND OF
Texas Government Code § 1371.105
Summary
This law establishes the validity of pledges or liens on an issuer's resources, assets, or funds to secure public securities or credit agreements. It ensures that such financial arrangements are legally enforceable, protecting the interests of creditors and investors.
Validates liens on issuer's resources and assets.
Secures payment for public securities and credit agreements.
Ensures enforceability to protect creditor interests.
Frequently Asked Questions
Why Attorneys Choose FlawFinder
Side-by-side with Westlaw and LexisNexis
Feature
FlawFinder
Westlaw
LexisNexis
Monthly price
$19 - $99
$133 - $646
$153 - $399
Contract
None
1-3 year min
1-6 year min
Hidden fees
$0, always
Up to $469/search
$25/mo + per-doc
Police SOPs
✓ 310+ departments
✗
✗
Zero-hallucination AI
✓ CitationGuard
✗
✗
Cancel
One click
Termination fees
No option to cancel
Explain Like I'm 5
In simple terms: Learn about Texas's PLEDGE OR LIEN ON RESOURCES, ASSETS, OR FUND OF law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
FlawFinder provides legal information, not legal advice. Consult a licensed attorney for specific legal guidance.