{"data":{"id":"us-tx/tex.-health-and-safety-code-246.071","jurisdiction":"us-tx","citation":"Tex. Health and Safety Code § 246.071","heading":"ENTRANCE FEE ESCROW ACCOUNT; ESCROW AGENT.","body":"(a) If a provider accepts the payment of a deposit made under a reservation agreement or any portion of an entrance fee before the date the prospective resident may occupy a living unit, the provider must establish an entrance fee escrow account with a bank or trust company, as escrow agent, that is located in this state.\n(b) The provider shall deposit with the escrow agent any deposit or any portion of an entrance fee received by the provider not later than 72 hours after the provider receives the deposit or fee.\nActs 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1993, 73rd Leg., ch. 953, Sec. 7, eff. Sept. 1, 1993.\nAmended by:\nActs 2025, 89th Leg., R.S., Ch. 836 (S.B. 1522), Sec. 9, eff. January 1, 2026.","path":["HEALTH AND SAFETY CODE","TITLE 4. HEALTH FACILITIES","SUBTITLE B. LICENSING OF HEALTH FACILITIES","CHAPTER 246. CONTINUING CARE FACILITIES","SUBCHAPTER D. ENTRANCE FEE AND RESERVE FUND ESCROW ACCOUNTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/HS/htm/HS.246.htm#246.071","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:17Z","sha256":"41acbd47a5a9b0b7cef3562e4fc360074d5cc3d0dc96b33e315aadf9f2040baa","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-health-and-safety-code-246.058","next":"us-tx/tex.-health-and-safety-code-246.072"},"notice":"GroundRules: Original legal text. Not legal advice."}