Texas § 6.003 DISPOSITION OF PROCEEDS.

Texas Statutes

§ 6.003 — DISPOSITION OF PROCEEDS.

Texas § 6.003

Code TNTransportation Code

This text of Texas § 6.003 (DISPOSITION OF PROCEEDS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Transportation Code Code Ann. § 6.003 (2026).

Text

Sec. 6.003. DISPOSITION OF PROCEEDS.

(a)The common carrier shall:

(1)deduct charges due on freight or baggage, including the cost of storage and sale, from the proceeds of the sale; and

(2)hold the remainder subject to Subsection (b).

(b)The owner of the freight or baggage may recover from the common carrier the proceeds of the sale less any deductions under Subsection (a) if the owner or the owner's agent presents proof of ownership of the sold items to the carrier within five years after the date of the sale.

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Sec. 6.003. DISPOSITION OF PROCEEDS. (a) The common carrier shall:
(1) deduct charges due on freight or baggage, including the cost of storage and sale, from the proceeds of the sale; and
(2) hold the remainder subject to Subsection (b).
(b) The owner of the freight or baggage may recover from the common carrier the proceeds of the sale less any deductions under Subsection (a) if the owner or the owner's agent presents proof of ownership of the sold items to the carrier within five years after the date of the sale.