(a) A filing under §39.309 of the Texas Utilities Code
is made when:
(1) a transition property notice is presented to and received
by the filing officer; and
(2) the filing officer indicates a file number and filing date
and filing time thereon.
(b) Except to the extent amended, assigned, or released pursuant
to §§96.62 - 96.65 of this title, a security interest remains effective
until terminated pursuant to §96.65 of this title.
(c) A transition property notice may be filed before a security
interest is made or a security interest otherwise attaches or before a transfer
of an interest in transition property to an assignee becomes effective.
|