United States — Texas Code

United States — Texas legislation

Agriculture Code § 148.027

If liened livestock, carcasses, or products are mixed with others so identity is lost, the lien extends to all of them; matching liens are pari passu, and the lien is not enforceable against certain buyers without actual…

comminglinglivestock lienssecured interests

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“If liened livestock, carcasses, or products are mixed with others so identity is lost, the lien extends to all of them; matching liens are pari passu, and the lien is not enforceable against certain buyers without actual knowledge, except as to sale proceeds.”

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Agriculture Code § 148.027

If liened livestock, carcasses, or products are mixed with others so identity is lost, the lien extends to all of them; matching liens are pari passu, and the lien is not enforceable against certain buyers without actual knowledge, except as to sale proceeds.

Section 148.027

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§ 148.027Agriculture Code § 148.027Provision

If liened livestock, carcasses, or products are mixed with others so identity is lost, the lien extends to all of them; matching liens are pari passu, and the lien is not enforceable against certain buyers without actual knowledge, except as to sale proceeds.

Sec. 148.027. COMMINGLING OF LIVESTOCK UNDER LIEN. (a) If an animal, its carcass, or its products is under a lien and is commingled with other livestock, carcasses, or products so that the identity is lost, the lien extends to all of the commingled animals, carcasses, or products as if the lien had been perfected originally in all of them. (b) Each lien extended under this section is on a parity with any other lien extended under this section. (c) A lien extended under this section is not enforceable against a person without actual knowledge of the lien who purchases one or more of the carcasses or products in the ordinary course of trade or business from the party who commingled the carcasses or products, nor against a subsequent transferee from that purchaser, but is enforceable against the proceeds of that sale. Acts 1981, 67th Leg., p. 1388, ch. 388, Sec. 1, eff. Sept. 1, 1981.
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