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Texas Ethics Commission P.O. Box 12070 Austin, Texas 787112070 (512)4635800 JUDICIAL CANDIDATE / OFFICEHOLDER CAMPAIGN FINANCE REPORT COVER 2 PAGE # (Ethics Commission filers) 1 of 3 00062766 3 CANDIDATE
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Individuals who are planning to engage in legal transactions involving securities.
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What is choate?
Choate refers to a legal term that describes a perfected lien or security interest in property.
Who is required to file choate?
Creditors or entities seeking to establish a priority claim on a debtor's property are required to file a choate lien.
How to fill out choate?
To fill out a choate lien, the creditor must provide specific information about the property, debtor, and the nature of the debt.
What is the purpose of choate?
The purpose of a choate lien is to establish a clear and perfected security interest in the property, giving the creditor priority in case of default.
What information must be reported on choate?
Information such as the description of the property, debtor's name, amount of debt, and signature of the creditor must be reported on a choate lien.
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