Tex. Health and Safety Code § 246.075
This is the official text of Tex. Health and Safety Code § 246.075, part of Texas’s Health and Safety Code — covers public health and safety regulation.
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§ 246.075. ESCROW OF CERTAIN FEES NOT REQUIRED.
Official statutory text
This subchapter does not require the escrow of a waitlist fee or a similar fee of $1,000 or less, or of any nonrefundable portion of a deposit or entrance fee that:
(1) does not exceed an amount equal to two percent of the entrance fee; and
(2) is clearly designated as nonrefundable in the continuing care contract or reservation agreement.
(1) does not exceed an amount equal to two percent of the entrance fee; and
(2) is clearly designated as nonrefundable in the continuing care contract or reservation agreement.
Status: in_force · Read it on the official government site
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