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Tex. Agriculture Code § 14A.009

COTTON UNDER LIEN

Texas · Texas Agriculture Code · Status: effective

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Tex. Agriculture Code § 14A.009, COTTON UNDER LIEN, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/626491
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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.