Sections
Subchapter A General Provisions 1802.001 – 1802.004
Subchapter B License Requirements 1802.051 – 1802.060
Subchapter C Auctioneer Advisory Board 1802.101 – 1802.109
Subchapter D Auctioneer Education and Recovery Fund 1802.151 – 1802.156
Subchapter E Complaint Procedures 1802.201 – 1802.209
Subchapter F Denial of License and Disciplinary Procedures 1802.251 – 1802.253
Subchapter G Criminal Penalties 1802.301 – 1802.303

Terms Used In Texas Occupations Code Chapter 1802

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Deposition: An oral statement made before an officer authorized by law to administer oaths. Such statements are often taken to examine potential witnesses, to obtain discovery, or to be used later in trial.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • General-law municipality: means a municipality designated by Chapter Texas Local Government Code 1.005
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Home-rule municipality: means a municipality designated by Chapter Texas Local Government Code 1.005
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Municipality: means a general-law municipality, home-rule municipality, or special-law municipality. See Texas Local Government Code 1.005
  • Service of process: The service of writs or summonses to the appropriate party.
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
  • Venue: The geographical location in which a case is tried.