Tex. Gov't Code § 2251.023

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2251.023 - Time for Payment By Subcontractor

(a) A subcontractor who receives a payment from a vendor shall pay a person who supplies goods or a service for which the payment is made the appropriate share of the payment not later than the 10th day after the date the subcontractor receives the payment.

(b) The appropriate share is overdue on the 11th day after the date the subcontractor receives the payment.

Tex. Gov't. Code § 2251.023

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. 9/1/1993.