Legal Question in Personal Injury in Texas
Lien Liability
I lent $9,000 to a Texas LLC that rents pop-up campers to the general public. I received a promissory note and a first lien on a new camper as collateral. What is my liability if the camper is involved in a catastrophic accident. All renters must have liability insurance for the tow vehicle and the LLC has insurance
Asked on 5/06/08, 4:37 pm
2 Answers from Attorneys
Donald McLeaish
McLeaish&Associates;, P.C.
Re: Lien Liability
Be sure the insurance covers you..but it would be difficult for you to be liable..
Answered on 5/06/08, 5:03 pm
Donald McLeaish
McLeaish&Associates;, P.C.
Re: Lien Liability
Be sure the insurance covers you..but it would be difficult for you to be liable..
Answered on 5/06/08, 5:03 pm