5 Essential Elements For 547 cash
(one) a white or amber light-weight, or possibly a shade concerning white and amber, When the lamp is mounted around the entrance on the auto; or(A) a method, portion, or machine that's produced or offered as first or substitution equipment or as being a automobile accessory; or
(2) a sign lamp that may be quickly connected on the car or truck roof and flashes crimson and blue lights noticeable in a length of no less than 500 feet in normal sunlight.
(7) to the extent these transfer was a bona fide payment of the personal debt for just a domestic assist obligation;
Subsection (e) is created to achieve different success under the 1962 version of Posting nine from the U.C.C. and beneath the 1972 Variation simply because distinctive actions are demanded under Every single Model to be able to make a protection arrangement helpful involving the get-togethers.
(2) into the extent that this sort of transfer was in payment of a financial debt incurred because of the debtor while in the standard study course of business enterprise or fiscal affairs of the debtor plus the transferee, and these kinds of transfer was—
(b) If a moped or a bike Outfitted with a motor which has an motor piston displacement of 250 cubic centimeters or a lot less complies Together with the efficiency standards of Area 547.408, brakes aren't required to the entrance wheel website in the moped or bike.
Subsection (b) is definitely the operative provision with the segment. It authorizes the trustee to avoid a transfer if 5 circumstances are met. They're the five aspects of a choice motion. Very first, the transfer have to be to or for the advantage of a creditor. 2nd, the transfer needs to be for or on account of the antecedent personal debt owed because of the debtor prior to the transfer was produced. 3rd, the transfer need to are already designed once the debtor was insolvent.
(2) orally notify The customer of each and every imperfection and the achievable results of working with imperfect glass; and
(b) Subsection (a) will not apply to your car or truck that is certainly used in design or servicing perform and is touring within a design place which is marked as needed via the Texas Transportation Commission.
(D) exclusively for checking the efficiency of kit set up over a car useful for safety uses in connection with the operations of the natural gasoline, h2o, or electric utility; or
A automobile that tows A further auto like a commodity when at the very least one particular list of the towed motor vehicle's wheels is to the roadway is not really needed to adjust to this prerequisite Until the brakes to the towing and towed cars are built to be operated by one Management about the towing automobile.
(3) represents to a different individual that a copyright airbag mounted in a motor vehicle isn't copyright; or
(two) not much more than two jogging board courtesy lamps, a single on each side of your motor vehicle, that emit an amber or white light without glare; and