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Tex. Occupations Code § 702.354

DUTY OF FINANCIAL INSTITUTION

Texas · Texas Occupations Code · Status: effective

Banking, Finance & Insurance
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Tex. Occupations Code § 702.354, DUTY OF FINANCIAL INSTITUTION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/700899
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A financial institution in which an escrow account is established under Section 702.352 shall hold each prepayment in the account as escrow agent for the benefit of the member who made the prepayments.