Tex. Agriculture Code § 14A.009
This is the official text of Tex. Agriculture Code § 14A.009, part of Texas’s Agriculture Code — regulates farming, livestock, and agricultural commerce.
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§ 14A.009. COTTON UNDER LIEN.
Official statutory text
A person who buys, sells, or deals with cotton on which a lien or encumbrance exists is not liable for conversion of the cotton if:
(1) the cotton is stored in a warehouse or is evidenced by a negotiable warehouse receipt issued by a public warehouse operator; and
(2) the person did not have actual knowledge of the lien or encumbrance at the time of the alleged conversion.
(1) the cotton is stored in a warehouse or is evidenced by a negotiable warehouse receipt issued by a public warehouse operator; and
(2) the person did not have actual knowledge of the lien or encumbrance at the time of the alleged conversion.
Status: in_force · Read it on the official government site
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