Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 246.072 - Return of Deposits; Release or Return of Entrance Fee(a) On a written request from or on behalf of the provider or a prospective resident, the escrow agent shall return the amount on deposit to the person who paid the deposit or shall maintain the deposit as an entrance fee in the entrance fee escrow account.(b) Unless the escrow agent receives a written request from or on behalf of a provider or a resident for the return of an entrance fee under Section 246.056, the agent shall release the fee to the provider or place the fee in a loan reserve fund escrow.Tex. Health and Safety Code § 246.072
Amended By Acts 1993, 73rd Leg., ch. 953, Sec. 8, eff. 9/1/1993.Amended by Acts 1991, 72nd Leg., ch. 14, Sec. 104, eff. 9/1/1991 Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. 9/1/1989.