Sec. 53.205. ENFORCEABLE CLAIMS. (a) The bond protects all persons with a claim that is:
(1) perfected in the manner prescribed for fixing a lien under Subchapter C; or
(2) perfected in the manner prescribed by Section 53.206.
(b) A claim or the rights to a claim under the bond may be assigned.
Acts 1983, 68th Leg., p. 3552, ch. 576, Sec. 1, eff. Jan. 1, 1984. Amended by Acts 1999, 76th Leg., ch. 889, Sec. 5, eff. Sept. 1, 1999.
Amended by:
Acts 2021, 87th Leg., R.S., Ch. 690 (H.B. 2237), Sec. 26, eff. January 1, 2022.
Structure Texas Statutes
Title 5 - Exempt Property and Liens
Chapter 53 - Mechanic's, Contractor's, or Materialman's Lien
Subchapter I. Bond to Pay Liens or Claims
Section 53.202. Bond Requirements
Section 53.203. Recording of Bond and Contract
Section 53.204. Reliance on Record
Section 53.205. Enforceable Claims
Section 53.206. Perfection of Claim
Section 53.207. Owner's Notice of Claim to Surety
Section 53.208. Action on Bond