PROPERTY CODE

TITLE 5. EXEMPT PROPERTY AND LIENS

SUBTITLE B. LIENS

CHAPTER 61. MOTOR VEHICLE MORTGAGEE'S LIEN

Sec. 61.001.  DEFINITIONS.  In this chapter:
(1)  "Motor vehicle" means any motor-driven or propelled vehicle required to be registered or licensed under the laws of this state.
(2)  "Mortgagee" means a secured party, as defined by Section 9.102, Business & Commerce Code, holding a lien on a motor vehicle that has been perfected pursuant to Subchapter F, Chapter 501, Transportation Code.
(3)  "Mortgagor" means a debtor, as defined by Section 9.102, Business & Commerce Code, giving a lien or agreeing that a lien may be retained on a motor vehicle.
Added by Acts 1989, 71st Leg., ch. 171, Sec. 1, eff. Sept. 1, 1989.  Amended by Acts 1997, 75th Leg., ch. 165, Sec. 30.246, eff. Sept. 1, 1997;  Acts 1999, 76th Leg., ch. 414, Sec. 2.37, eff. July 1, 2001.