TSSA News

SB 952 Online Auction Bill Passes

Online auction bill passes. Facilities owners will be able to choose from in-person or online auctions for the public auction required for lien sales.
Governor Greg Abbott signed into law the bill for which TSSA advocated, SB 952, sponsored by Sen. Kelly Hancock (R-9).  The bill specifically addresses online auctions as an option for foreclosure sales required by Chapter 59 of the property code. The changes in law are effective September 1, 2017.  Read more.

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