The best Side of 547 cash

(e) (one) For that purposes of this area— (A) a transfer of serious house apart from fixtures, but such as the curiosity of the seller or purchaser below a contract to the sale of genuine property, is perfected when a bona fide purchaser of these types of assets from the debtor towards whom applicable legislation permits such transfer for being perfected can not acquire an fascination which is top-quality to the interest with the transferee; and

(A) a procedure, component, or gadget that is made or marketed as first or alternative tools or like a car or truck accent; or

(f) For that needs of this segment, the debtor is presumed to have already been insolvent on And through the 90 times straight away preceding the date from the submitting of your petition.

(2) consists of information and facts required with the Section on gentle transmission and luminous reflectance of your machine;

Subsection (b) could be the operative provision of the portion. It authorizes the trustee to avoid a transfer if 5 situations are met. They're the 5 things of a preference action. 1st, the transfer has to be to or for the advantage of a creditor. 2nd, the transfer should be for or on account of the antecedent credit card debt owed with the debtor ahead of the transfer was created. Third, the transfer have to are already built in the event the debtor was insolvent.

(4) to or for the good thing about a creditor, to the extent that, just after this sort of transfer, these creditor gave new value to or for the advantage of the debtor—

(15) a vehicle that's taken care of by a regulation enforcement agency and utilized for law enforcement uses; or

(13) a window that complies with federal requirements for window elements, like a manufacturing facility-tinted or possibly a pretinted window set up from the auto maker, or simply a alternative window Assembly the technical specs essential via the car company;

(ii) is mounted over the rearmost guidance for the load to point the utmost width on the trailer; and

Lack of house because of to wreck by a family pet isn’t deductible as being a casualty loss Unless of course the necessities discussed earlier under

Sec. 547.372. Lights Demands FOR Mix Cars. (a) If a unit of farm devices or put into action of husbandry is towed by a farm tractor and also the towed item or its load extends greater than 4 feet into the rear on the tractor or obscures a lightweight within the tractor, the towed item shall be equipped with the periods specified by Portion 547.302(a) with at the least two rear pink reflectors which are:

(b) The Texas Section of Transportation may well adopt specifications here and specifications for lights that allow the use of flashing lights for identification purposes on highway upkeep or construction motor vehicles and service vehicles.

Paragraph (six) excepts statutory liens validated beneath segment 545 from choice assault. Additionally, it guards transfers in satisfaction of this kind of liens, and also the repairing of a lien less than part 365(j), which protects a vendee whose deal to copyright residence from the debtor is rejected.

Sec. 547.751. Supplemental Lights Machines Approved FOR Health-related EXAMINER Autos. (a) With this area, "clinical examiner auto" suggests a motor vehicle that is certainly owned or leased by a governmental entity to be used by a clinical examiner or an personnel of an Place of work of a healthcare examiner within the overall performance in the examiner's or employee's obligations concerning an inquest executed underneath Subchapter B, Chapter 49, Code of Prison Treatment.

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