Sec. 53.023. PAYMENT SECURED BY LIEN. The lien secures payment for:
(1) the labor done or material furnished for the construction, repair, design, survey, or demolition; or
(2) the specially fabricated material, even if the material has not been delivered or incorporated into the construction or repair, less its fair salvage value.
Acts 1983, 68th Leg., p. 3536, ch. 576, Sec. 1, eff. Jan. 1, 1984. Amended by Acts 1995, 74th Leg., ch. 851, Sec. 2, eff. Sept. 1, 1995.
Amended by:
Acts 2021, 87th Leg., R.S., Ch. 690 (H.B. 2237), Sec. 6, eff. January 1, 2022.
Structure Texas Statutes
Title 5 - Exempt Property and Liens
Chapter 53 - Mechanic's, Contractor's, or Materialman's Lien
Subchapter B. Persons Entitled to Lien; Subject Property
Section 53.021. Persons Entitled to Lien
Section 53.022. Property to Which Lien Extends
Section 53.023. Payment Secured by Lien
Section 53.024. Limitation on Subcontractor's Lien