Tex. Codes » 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
Texas Codes

Tex. Occ. Code § 1101.603 (2026)

Payments Into Trust Account

✓ current as of May 2026
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Sec. 1101.603. PAYMENTS INTO TRUST ACCOUNT. (a) Repealed by Acts 2023, 88th Leg., R.S., Ch. 94 (S.B. 1577), Sec. 28(5), eff. January 1, 2024.

(b) Repealed by Acts 2015, 84th Leg., R.S., Ch. 1158 , Sec. 92, eff. January 1, 2016.

(c) Notwithstanding any other law, the commission shall deposit to the credit of the trust account an administrative penalty collected under Subchapter O.

(d) Repealed by Acts 2023, 88th Leg., R.S., Ch. 686 (H.B. 1363), Sec. 5(1), eff. September 1, 2023.

(e) Repealed by Acts 2023, 88th Leg., R.S., Ch. 94 (S.B. 1577), Sec. 28(5), eff. January 1, 2024.

(f) To ensure the availability of a sufficient amount to pay anticipated claims on the trust account, the commission by rule may provide for the collection of fees or assessments from an applicant for an original license or certificate of registration or from a license or certificate holder at the next renewal to credit to the trust account.

Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 1276, Sec. 14A.160(a), eff. Sept. 1, 2003.

Amended by:

Acts 2015, 84th Leg., R.S., Ch. 1158 (S.B. 699), Sec. 61, eff. January 1, 2016.

Acts 2015, 84th Leg., R.S., Ch. 1158 (S.B. 699), Sec. 92, eff. January 1, 2016.

Acts 2023, 88th Leg., R.S., Ch. 94 (S.B. 1577), Sec. 13, eff. January 1, 2024.

Acts 2023, 88th Leg., R.S., Ch. 94 (S.B. 1577), Sec. 28(5), eff. January 1, 2024.

Acts 2023, 88th Leg., R.S., Ch. 686 (H.B. 1363), Sec. 1, eff. September 1, 2023.

Acts 2023, 88th Leg., R.S., Ch. 686 (H.B. 1363), Sec. 5(1), eff. September 1, 2023.

Notes of Decisions
Cited in 2 cases, 2012–2012 · leading case: Texas Real Est. Comm'n v. Bayless, 366 S.W.3d 808 (Tex. App. 2012).
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Texas Real Est. Comm'n v. Bayless, 366 S.W.3d 808 (Tex. App. 2012). “2d at 693 ; Tex. Occ.Code Ann. § 1101.603(a)-(c). *812 Under subchapter M of the RELA, “an aggrieved person who obtains a court judgment against a license or certificate holder for an act described by Section 1101.”
Texas Real Est. Comm'n v. Joyce I. Bayless (Tex. App. 2012). “2d at 693 ; Tex. Occ. Code Ann. § 1101.603 (a)–(c). Under subchapter M of the RELA, “an aggrieved person who obtains a court judgment against a license or certificate holder for an act described by Section 1101.”
Tex. Occ. Code § 1101.603(a): 1 case
Texas Real Est. Comm'n v. Bayless, 366 S.W.3d 808 (Tex. App. 2012). “2d at 693 ; Tex. Occ.Code Ann. § 1101.603(a)-(c). *812 Under subchapter M of the RELA, “an aggrieved person who obtains a court judgment against a license or certificate holder for an act described by Section 1101.”
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