Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 2226 amends the Texas Property Code to clarify the rights and obligations of beneficiaries of trust funds related to construction or repair on real property. It specifies that assignments of unpaid trust fund interests by beneficiaries are only enforceable if made in writing after payment in full by the assignee and are not part of the original construction contract.
Author (1)
Sam Harless
Contact the Author
Rep. Sam Harless
Capitol Phone:
(512) 463-0496
Capitol Office:
CAP GW.6
E-Mail:
