Texas § PR.5.204 - ADDITIONAL COMPLIANCE REQUIREMENT
Full text of Texas The Texas Constitution § PR.5.204 — ADDITIONAL COMPLIANCE REQUIREMENT, with citation guidance and answers to common questions.
§ PR.5.204. ADDITIONAL COMPLIANCE REQUIREMENT
ADDITIONAL COMPLIANCE REQUIREMENT: TIMELY ACCEPTANCE OF FEES PAID UNDER EXISTING PRIVATE TRANSFER FEE OBLIGATIONS. (a) The payee of record on the date a private transfer fee is paid under a private transfer fee obligation subject to Section 5.203 must accept the payment on or before the 30th day after the date the payment is tendered to the payee. (b) If the payee of record fails to comply with Subsection (a): (1) the payment must be returned to the remitter; (2) payment of the private transfer fee may not be a requirement for the conveyance of an interest in the property to a purchaser; and (3) the property is not subject to further obligation under the private transfer fee obligation. Added by Acts 2011, 82nd Leg., R.S., Ch. 211 (H.B. 8 ), Sec. 1, eff. June 17, 2011.
Frequently Asked Questions About Texas § PR.5.204
What does The Texas Constitution § PR.5.204 cover?
Section PR.5.204 ("ADDITIONAL COMPLIANCE REQUIREMENT") 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 § PR.5.204?
A common citation format is "The Texas Constitution § PR.5.204" (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 § PR.5.204 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.