Sec. 4.053.  CONDITIONS FOR DELAYED EFFECTIVENESS.  (a)  The date, or the date and time, at which a filing instrument takes effect is delayed if the instrument clearly and expressly states, in addition to any other required statement or information:
(1)  the specified date, or the specified date and time, at which the instrument takes effect; or
(2)  if the instrument takes effect on or after the occurrence of a future event or fact that may occur:
(A)  the event or fact that will cause the instrument to take effect;
(B)  when the filing instrument is to take effect if the instrument is to take effect after the occurrence of a specified future event or fact; and
(C)  the date of the 90th day after the date the instrument is signed.
(b)  If the effectiveness of a filing instrument is to be delayed as permitted by Section 4.052:
(1)  the effective date may not be later than the 90th day after the date the instrument is signed; and
(2)  the specified time at which the instrument is to take effect may not be specified as "12:00 a.m." or "12:00 p.m."
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Amended by: 
Acts 2019, 86th Leg., R.S., Ch. 658 (S.B. 1859), Sec. 4, eff. September 1, 2019.