Fascination About 547 cash

(b) A truck or truck-tractor that has no less than three axles is not necessary to have brakes within the entrance wheels, but should have brakes that:

(two-b) "Freeway servicing or design auto" means a highway or targeted traffic routine maintenance or construction auto specified via the Texas Division of Transportation. The term involves equipment for:

Any new price which the creditor advances need to be unsecured in order for it to qualify less than this exception.

(two) "new value" implies money or funds's worth in merchandise, products and services, or new credit rating, or release by a transferee of home previously transferred to such transferee in the transaction that's neither void nor voidable from the debtor or maybe the trustee under any relevant law, which include proceeds of these house, but isn't going to contain an obligation substituted for an current obligation;

(e) When the signifies of making use of the parking brakes and service brakes are related, the brake procedure shall be produced so the failure of one section will likely not induce the car or truck being with no operative brakes.

If the overall of every one of the reimbursements you get is in excess of your modified foundation inside the destroyed or stolen house, you should have a attain over the casualty or theft. When you have previously taken a deduction for any decline and you receive the reimbursement in a later yr, you will have to incorporate the get in the earnings to the afterwards year.

(two) are ample to regulate the movement of your motor vehicle, like halting and holding, beneath all loading problems and when on any quality on which the automobile is operated.

(b) A passenger vehicle or truck that was created or assembled before the product year 1960 shall be equipped with at the very least a single taillamp.

Exclusively, the creditor ought to acquire more than he would if the case were a liquidation case, In the event the transfer had not been created, and In case the creditor gained payment with the personal debt into the extent furnished by the provisions with the code.

(b) The Office may perhaps deliver match in the district court docket of Travis County website for an injunction to ban the manufacture, supply, distribution, or sale of the item of vehicle products that is the subject of the Division get entered beneath Section 547.207. The legal professional typical shall characterize the Section during the fit.

"(A) in payment of a debt incurred from the debtor inside the regular system of business or money affairs of your debtor as well as transferee;

A automobile that tows An additional automobile as a commodity when at least a single set of the towed car or truck's wheels is to the roadway will not be required to adjust to this prerequisite Unless of course the brakes about the towing and towed motor vehicles are designed to be operated by one Manage over the towing auto.

Sec. 547.607. Hearth EXTINGUISHER Needed. A college bus or simply a motorized vehicle that transports travellers for seek the services of or lease shall be Geared up with at the very least one quart of chemical-variety hearth extinguisher in fantastic affliction and Situated for immediate use.

(b) Someone might not present or distribute for sale or promote an item of automobile equipment for which a normal is prescribed by this chapter or even the Section, Until the item or its offer:

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