Tex. Nat. Res. Code § 151.103

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 151.103 - Timber Purchaser As Trustee

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

Added by Acts 1997, 75th Leg., ch. 562, Sec. 1, eff. 9/1/1997. Renumbered from Sec. 151.153 by Acts 2001, 77th Leg., ch. 532, Sec. 1, eff. 9/1/2001.