The Definitive Guide to 547 cash
The Definitive Guide to 547 cash
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(four) a personal debt for any tax is incurred about the working day when this sort of tax is very last payable without the need of penalty, including any extension.
(2-b) "Highway upkeep or design car" means a highway or visitors routine maintenance or building automobile designated by the Texas Office of Transportation. The time period incorporates products for:
The language also demands the court docket to center on the allowability on the assert for which the choice was made. If the declare would've been completely disallowed, for example, then the exam of paragraph (5) are going to be achieved, because the creditor would've received nothing at all beneath the distributive provisions with the bankruptcy code.
(two) includes information and facts necessary via the Division on light-weight transmission and luminous reflectance of the unit;
(2) a manual unit to apply and launch the brakes that is quickly operable by anyone seated during the operator's seat and arranged making sure that:
(1) designed to run consistently as essential after applied, Irrespective of a leakage or an exhaustion of energy supply; and
(b) A get more info producer of a fresh motorized vehicle that's offered or leased During this condition and that's Outfitted by using a recording device shall disclose that truth in the owner's manual of your vehicle.
(four) is stopped to adjust to a way of the police officer or an official targeted visitors-Regulate system; or
(1) "Escort flag auto" signifies a vehicle that precedes or follows an oversize or overweight car described by Subtitle E for the objective of facilitating the safe movement from the oversize or overweight automobile in excess of roadways.
The liability of these surety less than these kinds of bond or obligation shall be discharged into the extent of the value of such property recovered by the trustee or the amount paid towards the trustee.
(three) supply penned notice at the time of obtain notifying The buyer of every imperfection along with the doable results of using imperfect glass.
Sec. 547.205. INITIATION OF COMPLIANCE PROCEEDING. (a) The Division may well initiate a proceeding to determine regardless of whether an item of auto devices complies by using a Office conventional If your department moderately believes the item is remaining presented or distributed for sale or marketed in violation from the conventional.
Paragraph (six) excepts statutory liens validated beneath segment 545 from desire attack. Additionally, it guards transfers in pleasure of such liens, as well as repairing of the lien beneath section 365(j), which shields a vendee whose contract to acquire genuine property with the debtor is rejected.
(e-two) A motorized vehicle is equipped which has a lamp or illuminating unit beneath this segment irrespective of whether the lamp or illuminating device is: