Tex. Health & Safety Code § 246.075

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 246.075 - Escrow of Application Fee Not Required

This subchapter does not require the escrow of any nonrefundable portion of a deposit or entrance fee that:

(1) does not exceed an amount equal to two percent of the entrance fee; and

(2) is clearly designated as nonrefundable in the continuing care contract or reservation agreement.

Tex. Health and Safety Code § 246.075

Amended by Acts 1993, 73rd Leg., ch. 953, Sec. 11, eff. 9/1/1993.

Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. 9/1/1989.