Texas Occupations Code 1201.157 – Retailer as Warehouse
Current as of: 2024 | Check for updates
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(a) With respect to the storage of manufactured homes for hire, a licensed retailer is:
(1) a “warehouse” as defined by § 7.102, Business & Commerce Code; and
(2) a “warehouseman” under Chapter 24, Property Code.
(b) The provisions of the Business & Commerce Code relating to the storage of goods for hire apply to a licensed retailer acting as a warehouse.
Terms Used In Texas Occupations Code 1201.157
- Lien: A claim against real or personal property in satisfaction of a debt.
- Property: means real and personal property. See Texas Government Code 311.005
(c) A licensed retailer acting as a warehouse and warehouseman satisfies all storage, bonding, insurance, public sale, and security requirements if the storage of a manufactured home occurs on the retailer’s lot and the home is secured in the same manner the retailer secures a manufactured home held on the lot as inventory.
(d) In accordance with the provisions of § 7.210, Business & Commerce Code, a licensed retailer acting as a warehouse to enforce a warehouse’s lien is considered to have sold a manufactured home in a commercially reasonable manner if the retailer sells the manufactured home in the same manner the retailer would sell a manufactured home at retail.