{"data":{"id":"us-tx/tex.-occupations-code-1101.612","jurisdiction":"us-tx","citation":"Tex. Occupations Code § 1101.612","heading":"SUBROGATION.","body":"(a) The commission is subrogated to all rights of a judgment creditor to the extent of an amount paid from the trust account, and the judgment creditor shall assign to the commission all right, title, and interest in the judgment up to that amount.\n(b) The commission has priority for repayment from any subsequent recovery on the judgment.\n(c) The commission shall deposit any amount recovered on the judgment to the credit of the trust account.\nAdded by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. June 1, 2003.","path":["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"],"source_url":"https://statutes.capitol.texas.gov/Docs/OC/htm/OC.1101.htm#1101.612","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:31Z","sha256":"13ca9348d4c82c8f2e6059c1d077043f506e883707664d31cadfe0f4e7fcc71d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-occupations-code-1101.611","next":"us-tx/tex.-occupations-code-1101.613"},"notice":"GroundRules: Original legal text. Not legal advice."}
