Tex. Occ. Code § 702.356 · Subchapter H. PREPAYMENTS AND ESCROW
WITHDRAWAL OF ESCROW FUNDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A certificate holder may withdraw prepayments deposited in an escrow account under Section 702.352 if:
(1) the health spa for which the prepayments are made remains open for not less than 30 days;
(2) the certificate holder files with the secretary of state an affidavit certifying that all obligations of the health spa for which a lien may be claimed under Chapter 53, Property Code, have been paid; and
(3) no person is eligible to claim a lien under Chapter 53, Property Code, during the period the certificate holder or an assignee or agent of the certificate holder accepts prepayments for memberships in the certificate holder's health spa.
Notes and commentary — not statutory text
History
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/OC/htm/OC.702.htm
- Text hash
- sha256 07b59586327aa17a69eef25a0cd9669970a50351fc48c97e927b483d7227e7d1
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
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