{"data":{"id":"us-tx/tex.-finance-code-159.151","jurisdiction":"us-tx","citation":"Tex. Finance Code § 159.151","heading":"MONEY HELD IN TRUST.","body":"A person who collects or receives a payment from a wrap borrower under the terms of a wrap mortgage loan holds the money in trust for the benefit of the borrower.\nAdded by Acts 2021, 87th Leg., R.S., Ch. 76 (S.B. 43), Sec. 3, eff. January 1, 2022.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE E. OTHER FINANCIAL BUSINESSES","CHAPTER 159. WRAP MORTGAGE LOAN FINANCING","SUBCHAPTER D. DUTIES OWED TO WRAP BORROWER"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.159.htm#159.151","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"50d22c331863bc5c5b786f80b6cc14aae3ce5bbb047d45995893a142de3303f9","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-159.108","next":"us-tx/tex.-finance-code-159.152"},"notice":"GroundRules: Original legal text. Not legal advice."}