Texas Statutes
§ 1101.612 — SUBROGATION.
Texas § 1101.612
JurisdictionTexas
Code OCOccupations Code
This text of Texas § 1101.612 (SUBROGATION.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Occupations Code Code Ann. § 1101.612 (2026).
Text
Sec. 1101.612. SUBROGATION.
(a)The commission is subrogated to all rights of a judgment creditor to the extent of an amount paid from the trust account, and the judgment creditor shall assign to the commission all right, title, and interest in the judgment up to that amount.
(b)The commission has priority for repayment from any subsequent recovery on the judgment.
(c)The commission shall deposit any amount recovered on the judgment to the credit of the trust account.
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Related
Texas Real Estate Commission v. Paul Murphy
(Court of Appeals of Texas, 2023)
Legislative History
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. June 1, 2003.
Nearby Sections
15
§ 1101.001
SHORT TITLE.§ 1101.002
DEFINITIONS.§ 1101.003
QUALIFYING REAL ESTATE COURSES.§ 1101.004
REAL ESTATE BROKERAGE.§ 1101.0045
EQUITABLE INTERESTS IN REAL PROPERTY.§ 1101.005
APPLICABILITY OF CHAPTER.§ 1101.006
APPLICATION OF SUNSET ACT.§ 1101.051
COMMISSION MEMBERSHIP.§ 1101.052
PUBLIC MEMBER ELIGIBILITY.§ 1101.053
MEMBERSHIP AND EMPLOYEE RESTRICTIONS.§ 1101.054
OFFICIAL OATH.§ 1101.055
TERMS; VACANCY.§ 1101.056
OFFICERS.§ 1101.057
GROUNDS FOR REMOVAL.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 1101.612, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/OC/1101.612.