Sec. 61.004.  AMOUNT OF LIEN.  The amount of the lien is the lesser of:
(1)  the fair market value of the motor vehicle before the accident;
(2)  the reasonable cost of repair to the motor vehicle;  or
(3)  the balance owed to the mortgagee by the mortgagor.
Added by Acts 1989, 71st Leg., ch. 171, Sec. 1, eff. Sept. 1, 1989.  Amended by Acts 1993, 73rd Leg., ch. 48, Sec. 11, eff. Sept. 1, 1993.