{"data":{"id":"us-tx/tex.-occupations-code-1802.155","jurisdiction":"us-tx","citation":"Tex. Occupations Code § 1802.155","heading":"LIABILITY.","body":"(a) The fund or the department is not liable to a consumer for a recovery from the fund if the assets of the fund are insufficient to pay the amount awarded.\n(b) If the fund contains insufficient assets to pay the consumer:\n(1) the department shall record the time and date an order for payment to a consumer was received; and\n(2) the department shall pay consumers for whom an order is recorded under Subdivision (1) as funds become available in the order of the recorded time and date of the order.\nActs 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999. Amended by Acts 2003, 78th Leg., ch. 816, Sec. 26.050, eff. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 1276, Sec. 14A.365, eff. Sept. 1, 2003.\nAmended by:\nActs 2023, 88th Leg., R.S., Ch. 626 (H.B. 4416), Sec. 15, eff. September 1, 2023.","path":["OCCUPATIONS CODE","TITLE 11. REGULATION OF SALES AND SOLICITATION","CHAPTER 1802. AUCTIONEERS","SUBCHAPTER D. AUCTIONEER EDUCATION AND RECOVERY FUND"],"source_url":"https://statutes.capitol.texas.gov/Docs/OC/htm/OC.1802.htm#1802.155","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:31Z","sha256":"d7c9ee10f4ea86c3404c4247625c68be7fb0dcd1979f3d7341734f8c5a29568a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-occupations-code-1802.153","next":"us-tx/tex.-occupations-code-1802.202"},"notice":"GroundRules: Original legal text. Not legal advice."}