Tex. Prop. Code § 162.002

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 162.002 - Contractors As Trustees

A contractor, subcontractor, or owner or an officer, director, or agent of a contractor, subcontractor, or owner, who receives trust funds or who has control or direction of trust funds, is a trustee of the trust funds.

Tex. Prop. Code § 162.002

Acts 1983, 68th Leg., p. 3721, ch. 576, Sec. 1, eff. 1/1/1984.