Sec. 8501.265.  STATE FRANCHISE LAW NOT APPLICABLE.  A statute of this state relating to the granting of franchises is not applicable to:
(1)  the authorization or execution of a mortgage or encumbrance entered into under this chapter;  or
(2)  the grant of a franchise under this chapter.
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.