Texas § IN.2652.004 - TRUST FUND ACCOUNT DISBURSEMENTS

Full text of Texas The Texas Constitution § IN.2652.004 — TRUST FUND ACCOUNT DISBURSEMENTS, with citation guidance and answers to common questions.

§ IN.2652.004. TRUST FUND ACCOUNT DISBURSEMENTS

TRUST FUND ACCOUNT DISBURSEMENTS. (a) An escrow officer may not disburse funds from a trust fund account until good funds related to the transaction have been received and deposited in the account in amounts sufficient to fund any disbursements from the transaction. (b) An escrow officer is not liable for a violation of this section if the violation: (1) was not intentional; and (2) resulted from a bona fide error despite the maintenance of procedures reasonably adopted to avoid the error. (c) The commissioner shall adopt rules and definitions to implement this section. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.

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

Frequently Asked Questions About Texas § IN.2652.004

What does The Texas Constitution § IN.2652.004 cover?

Section IN.2652.004 ("TRUST FUND ACCOUNT DISBURSEMENTS") 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 § IN.2652.004?

A common citation format is "The Texas Constitution § IN.2652.004" (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 § IN.2652.004 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.