Tex. Bus. & Com. Code § 22.005
Receipt and Deed
Effective Sep 1, 2017Added by Acts 2017, 85th Leg., R.S., Ch. 1012 (H.B. 1470)
The trustee or substitute trustee shall:
- (1) provide the winning bidder with a receipt for the sale proceeds tendered; and
(2) except when prohibited by law, within a reasonable time:
- (A) deliver the deed to the winning bidder; or
- (B) file the deed for recording.
Added by Acts 2017, 85th Leg., R.S., Ch. 1012 (H.B. 1470), Sec. 1, eff. September 1, 2017.