{"data":{"id":"us-tx/tex.-property-code-61.004","jurisdiction":"us-tx","citation":"Tex. Property Code § 61.004","heading":"AMOUNT OF LIEN.","body":"The amount of the lien is the lesser of:\n(1) the fair market value of the motor vehicle before the accident;\n(2) the reasonable cost of repair to the motor vehicle; or\n(3) the balance owed to the mortgagee by the mortgagor.\nAdded by Acts 1989, 71st Leg., ch. 171, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1993, 73rd Leg., ch. 48, Sec. 11, eff. Sept. 1, 1993.","path":["PROPERTY CODE","TITLE 5. EXEMPT PROPERTY AND LIENS","SUBTITLE B. LIENS","CHAPTER 61. MOTOR VEHICLE MORTGAGEE'S LIEN"],"source_url":"https://statutes.capitol.texas.gov/Docs/PR/htm/PR.61.htm#61.004","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:37Z","sha256":"a20fb51f282716538649bfe32220855384ba1c8dd6e3212364f99571d71313ba","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-property-code-61.003","next":"us-tx/tex.-property-code-61.005"},"notice":"GroundRules: Original legal text. Not legal advice."}