Texas § OC.1101.601 - REAL ESTATE RECOVERY TRUST ACCOUNT

Full text of Texas The Texas Constitution § OC.1101.601 — REAL ESTATE RECOVERY TRUST ACCOUNT, with citation guidance and answers to common questions.

§ OC.1101.601. REAL ESTATE RECOVERY TRUST ACCOUNT

REAL ESTATE RECOVERY TRUST ACCOUNT. (a) The commission shall maintain a real estate recovery trust account to reimburse aggrieved persons who suffer actual damages caused by an act described by Section 1101.602 committed by: (1) a license holder; (2) a certificate holder; or (3) a person who does not hold a license or certificate and who is an employee or agent of a license or certificate holder. (b) The license or certificate holder must have held the license or certificate at the time the act was committed. Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. June 1, 2003.

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § OC.1101.601

What does The Texas Constitution § OC.1101.601 cover?

Section OC.1101.601 ("REAL ESTATE RECOVERY TRUST ACCOUNT") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § OC.1101.601?

A common citation format is "The Texas Constitution § OC.1101.601" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § OC.1101.601 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.