Texas 2023 - 88th Regular

Texas House Bill HB2574 Latest Draft

Bill / Engrossed Version Filed 04/26/2023

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                            88R6610 KBB-F
 By: Lambert, Metcalf, Shine, Darby, Bailes H.B. No. 2574


 A BILL TO BE ENTITLED
 AN ACT
 relating to requirements for notice advertising the sale of
 property to enforce a self-service storage facility lien.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Sections 59.042(b) and (c), Property Code, are
 amended to read as follows:
 (b)  If the tenant fails to satisfy the claim on or before the
 14th day after the date the notice is delivered, the lessor must
 publish or post notices advertising the sale or otherwise give
 notice advertising the sale in a commercially reasonable manner as
 provided by this subchapter.
 (c)  The [If notice is by publication, the] lessor may not
 sell the property until:
 (1)  the 15th day after the date the notice advertising
 the sale is first published, if the notice is by publication;
 (2)  [. If notice is by posting, the lessor may sell
 the property after] the 10th day after the date the notices
 advertising the sale are posted, if the notice is by posting; or
 (3)  the 10th day after the date the notice is given, if
 the notice is given in a commercially reasonable manner.
 SECTION 2.  The heading to Section 59.044, Property Code, is
 amended to read as follows:
 Sec. 59.044.  METHOD AND CONTENT OF NOTICE ADVERTISING [OF]
 SALE.
 SECTION 3.  Section 59.044, Property Code, is amended by
 amending Subsection (b) and adding Subsections (c) and (d) to read
 as follows:
 (b)  The lessor must either:
 (1)  publish the notice advertising the sale:
 (A)  subject to Subsection (c), [once in each of
 two consecutive weeks] in a newspaper of general circulation in the
 county in which the self-service storage facility is located; or
 (B)  on a publicly accessible Internet website
 that regularly advertises or conducts auctions of personal
 property; or
 (2)  give notice advertising the sale in a commercially
 reasonable manner.
 (c)  If there is not a newspaper of general circulation in
 the county in which to publish notice advertising the sale under
 Subsection (b)(1), the lessor may [instead] post a copy of the
 notice at the self-service storage facility and at least five other
 conspicuous locations near the facility.
 (d)  For purposes of this section, notice advertising a sale
 is considered to be given in a commercially reasonable manner if at
 least three independent bidders register for, view, or attend the
 sale, regardless of whether the sale is conducted at the
 self-service storage facility or a reasonably near public place or
 through an Internet website accessible to the public.
 SECTION 4.  The changes in law made by this Act to Chapter
 59, Property Code, apply only to a self-service storage facility
 rental agreement entered into, extended, or renewed on or after the
 effective date of this Act. A self-service storage facility rental
 agreement entered into, extended, or renewed before the effective
 date of this Act is governed by the law as it existed immediately
 before the effective date of this Act, and the former law is
 continued in effect for that purpose.
 SECTION 5.  This Act takes effect September 1, 2023.