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Terms Used In Texas Health and Safety Code 246.0737

  • Contract: A legal written agreement that becomes binding when signed.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Rule: includes regulation. See Texas Government Code 311.005

The commissioner by rule shall establish requirements for escrow release different from those under § 246.073 for money received as an entrance fee in connection with a continuing care contract in circumstances in which a living unit is not furnished to the resident.