Texas § FI.156.503 - STATUTE OF LIMITATIONS

Full text of Texas The Texas Constitution § FI.156.503 — STATUTE OF LIMITATIONS, with citation guidance and answers to common questions.

§ FI.156.503. STATUTE OF LIMITATIONS

STATUTE OF LIMITATIONS. (a) An application for the recovery of actual damages from the recovery fund under Section 156.504 may not be filed after the fourth anniversary of the date of the alleged act or omission causing the actual damages or the date the act or omission should reasonably have been discovered. (b) This section does not apply to a subrogation claim brought by the commissioner for recovery of money paid out of the recovery fund. Added by Acts 1999, 76th Leg., ch. 1254, Sec. 2, eff. Sept. 1, 1999. Amended by: Acts 2009, 81st Leg., R.S., Ch. 1317 (H.B. 2774 ), Sec. 22, eff. September 1, 2009. Acts 2011, 82nd Leg., R.S., Ch. 655 (S.B. 1124 ), Sec. 40, eff. September 1, 2011. Acts 2013, 83rd Leg., R.S., Ch. 160 (S.B. 1004 ), Sec. 42, eff. September 1, 2013.

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Frequently Asked Questions About Texas § FI.156.503

What does The Texas Constitution § FI.156.503 cover?

Section FI.156.503 ("STATUTE OF LIMITATIONS") 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 § FI.156.503?

A common citation format is "The Texas Constitution § FI.156.503" (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 § FI.156.503 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.