An aggrieved person is entitled to reimbursement from the trust account if a person described by Section 1101.601 engages in conduct that requires a license or certificate of registration under this chapter and is described by Section 1101.652(a-1)(1) or (b), if the person is a license holder, or Section 1101.653(1), (2), (3), or (4), if the person is a certificate holder.
Tex. Occ. Code § 1101.602
ENTITLEMENT TO REIMBURSEMENT
Known as the The Real Estate License Act
The act spans §§ 1101.001 to 1101.806 (164 sections).
Applied in 4 court decisions — leading case Wilson v. Bloys (2005)
Most recently applied in Brian Shanklin and Todd Rimmer v. Bassoe Offshore (USA), Inc., Mike Smith, and Jonathan Fairbanks (May 2013)
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.