Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Occupations Code § 1101.603: PAYMENTS INTO TRUST ACCOUNT.

(a) Repealed by Acts 2023, 88th Leg., R.S., Ch. 94 (S.B. 1577), Sec. 28(5), eff. January 1, 2024.
(b) Repealed by Acts 2015, 84th Leg., R.S., Ch. 1158 , Sec. 92, eff. January 1, 2016.
(c) Notwithstanding any other law, the commission shall deposit to the credit of the trust account an administrative penalty collected under Subchapter O.
(d) Repealed by Acts 2023, 88th Leg., R.S., Ch. 686 (H.B. 1363), Sec. 5(1), eff. September 1, 2023.
(e) Repealed by Acts 2023, 88th Leg., R.S., Ch. 94 (S.B. 1577), Sec. 28(5), eff. January 1, 2024.
(f) To ensure the availability of a sufficient amount to pay anticipated claims on the trust account, the commission by rule may provide for the collection of fees or assessments from an applicant for an original license or certificate of registration or from a license or certificate holder at the next renewal to credit to the trust account.
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 1276, Sec. 14A.160(a), eff. Sept. 1, 2003.
Amended by:
Acts 2015, 84th Leg., R.S., Ch. 1158 (S.B. 699), Sec. 61, eff. January 1, 2016.
Acts 2015, 84th Leg., R.S., Ch. 1158 (S.B. 699), Sec. 92, eff. January 1, 2016.
Acts 2023, 88th Leg., R.S., Ch. 94 (S.B. 1577), Sec. 13, eff. January 1, 2024.
Acts 2023, 88th Leg., R.S., Ch. 94 (S.B. 1577), Sec. 28(5), eff. January 1, 2024.
Acts 2023, 88th Leg., R.S., Ch. 686 (H.B. 1363), Sec. 1, eff. September 1, 2023.
Acts 2023, 88th Leg., R.S., Ch. 686 (H.B. 1363), Sec. 5(1), eff. September 1, 2023.

Where this section sits in the code

OCCUPATIONS CODE
TITLE 7. PRACTICES AND PROFESSIONS RELATED TO REAL PROPERTY AND HOUSING
SUBTITLE A. PROFESSIONS RELATED TO REAL ESTATE
CHAPTER 1101. REAL ESTATE BROKERS AND SALES AGENTS
SUBCHAPTER M. REAL ESTATE RECOVERY TRUST ACCOUNT

(a) Repealed by Acts 2023, 88th Leg., R.S., Ch. 94 (S.B. 1577), Sec. 28(5), eff. January 1, 2024.

(b) Repealed by Acts 2015, 84th Leg., R.S., Ch. 1158 , Sec. 92, eff. January 1, 2016.

(c) Notwithstanding any other law, the commission shall deposit to the credit of the trust account an administrative penalty collected under Subchapter O.

(d) Repealed by Acts 2023, 88th Leg., R.S., Ch. 686 (H.B. 1363), Sec. 5(1), eff. September 1, 2023.

(e) Repealed by Acts 2023, 88th Leg., R.S., Ch. 94 (S.B. 1577), Sec. 28(5), eff. January 1, 2024.

(f) To ensure the availability of a sufficient amount to pay anticipated claims on the trust account, the commission by rule may provide for the collection of fees or assessments from an applicant for an original license or certificate of registration or from a license or certificate holder at the next renewal to credit to the trust account.

Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 1276, Sec. 14A.160(a), eff. Sept. 1, 2003.

Amended by:

Acts 2015, 84th Leg., R.S., Ch. 1158 (S.B. 699), Sec. 61, eff. January 1, 2016.

Acts 2015, 84th Leg., R.S., Ch. 1158 (S.B. 699), Sec. 92, eff. January 1, 2016.

Acts 2023, 88th Leg., R.S., Ch. 94 (S.B. 1577), Sec. 13, eff. January 1, 2024.

Acts 2023, 88th Leg., R.S., Ch. 94 (S.B. 1577), Sec. 28(5), eff. January 1, 2024.

Acts 2023, 88th Leg., R.S., Ch. 686 (H.B. 1363), Sec. 1, eff. September 1, 2023.

Acts 2023, 88th Leg., R.S., Ch. 686 (H.B. 1363), Sec. 5(1), eff. September 1, 2023.

Collected 2026-08-27T01:47:31Z. Source file · JSON

Browse this collection