Bill Text: TX SB1353 | 2011-2012 | 82nd Legislature | Introduced

Texas Senate Bill 1353 (Prior Session Legislation)

NOTE: There are more recent revisions of this legislation. Read Latest Draft

Bill Title: Relating to certain claims against persons licensed as real estate brokers and salespersons.

Spectrum: Strong Partisan Bill (Republican 14-1)

Status: (Passed) 2011-05-28 - Effective immediately [SB1353 Detail]

Download: Texas-2011-SB1353-Introduced.html

	82R10159 KFF-F

	By: Eltife, et al.	S.B. No. 1353



	A BILL TO BE ENTITLED
	AN ACT
	relating to certain claims against persons licensed as real estate
	brokers and salespersons.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Section 17.49, Business & Commerce Code, is
	amended by adding Subsection (i) to read as follows:
	(i) Nothing in this subchapter shall apply to a claim
	against a person licensed as a broker or salesperson under Chapter
	1101, Occupations Code, arising from an act or omission by the
	person while acting as a broker or salesperson.
	SECTION 2. Section 17.49(i), Business & Commerce Code, as
	added by this Act, applies only to a claim arising from an act or
	omission that occurs on or after the effective date of this Act. A
	claim arising from an act or omission that occurred before the
	effective date of this Act is governed by the law in effect on the
	date the act or omission occurred, and the former law is continued
	in effect for that purpose.
	SECTION 3. This Act takes effect immediately if it receives
	a vote of two-thirds of all the members elected to each house, as
	provided by Section 39, Article III, Texas Constitution. If this
	Act does not receive the vote necessary for immediate effect, this
	Act takes effect September 1, 2011.