Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1101.254 - Powers and Duties(a) In addition to other delegated powers and duties, the committee shall draft and revise contract forms that are capable of being standardized to expedite real estate transactions and minimize controversy.(b) The contract forms must contain safeguards adequate to protect the principals in the transaction.Tex. Occ. Code § 1101.254
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. 6/1/2003.