Tex. Occ. Code § 1802.155

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

Section 1802.155 - Liability

(a) The fund or the department is not liable to a consumer for a recovery from the fund if the assets of the fund are insufficient to pay the amount awarded.

(b) If the fund contains insufficient assets to pay the consumer:

(1) the department shall record the time and date an order for payment to a consumer was received; and

(2) the department shall pay consumers for whom an order is recorded under Subdivision (1) as funds become available in the order of the recorded time and date of the order.

Tex. Occ. Code § 1802.155

Amended by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 626,Sec. 15, eff. 9/1/2023.

Amended by Acts 2003, 78th Leg., ch. 816, Sec. 26.050, eff. 9/1/2003

Amended By Acts 2003, 78th Leg., ch. 1276, Sec. 14A.365, eff. 9/1/2003.

Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. 9/1/1999.