- (a) The name of a grantor or assignor of record of a transition property notice is identified, indexed, stored and retrieved by use of the term "debtor" in the information management system maintained by the filing officer.
- (b) The name of each financing party or assignee of record of a transition property notice is identified, indexed, stored, and retrieved by use of the term "secured party" in the information management system maintained by the filing officer.
- (c) The nomenclature used in subsections (a) and (b) of this section is solely for the convenience of the filing officer, and shall not be a factor in determining whether a particular assignment should be treated as a "true sale" or as a secured financing transaction.
Source Note:The provisions of this §96.44 adopted to be effective January 20, 2000, 25 TexReg 266.