A timber purchaser and each officer, director, partner, or agent of a timber purchaser are trustees of trust money.
Tex. Nat. Res. Code § 151.103
TIMBER PURCHASER AS TRUSTEE
Added by Acts 1997, 75th Leg., ch. 562, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.