The reserved funds secure the payment of artisans and mechanics who perform labor or service and the payment of other persons who furnish material, material and labor, or specially fabricated material for any contractor, subcontractor, agent, or receiver in the performance of the work.
Tex. Prop. Code § 53.102
PAYMENT SECURED BY RESERVED FUNDS
Applied in 6 court decisions — leading case Stolz v. Honeycutt (2001)
Most recently applied in Monaco v. Monaco (In re Monaco) (August 2014)
Acts 1983, 68th Leg., p. 3545, ch. 576, Sec. 1, 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.