Bill
SB 2221
Relating to the filing of a fraudulent financing statement in relation to certain secured transactions; authorizing the imposition of a fee.
89th Legislature (2025)
Introduced by Stan Lambert and 1 co-sponsor
Texas law now authorizes court-imposed fees on those filing fraudulent UCC financing statements, effective September 1, 2025, creating penalties for credit theft and asset-claim fraud.
Effective on 9/1/25
#business&commerce--general(i0050)
#civilremedies&liabilities(i0065)
#courts--district(i0120)
#fraud(s0166)
#fees&othernontaxrevenue--state(i0362)
#financial--general(i0365)
#secretaryofstate(v0042)