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Texas Property Code - Section 162.002. Contractors As Trustees

Legal Research Home > Texas Laws > Property Code > Texas Property Code - Section 162.002. Contractors As Trustees

§ 162.002. CONTRACTORS AS TRUSTEES. A contractor, subcontractor, or owner or an officer, director, or agent of a contractor, subcontractor, or owner, who receives trust funds or who has control or direction of trust funds, is a trustee of the trust funds. Acts 1983, 68th Leg., p. 3721, ch. 576, § 1, eff. Jan. 1, 1984.

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Last modified: August 11, 2007