Texas Government Code 1231.085 – Report of Refunding or Escrow-Related Transaction
Current as of: 2024 | Check for updates
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Terms Used In Texas Government Code 1231.085
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
A report concerning a refunding or escrow-related transaction must state the spread paid on the purchase or sale of an escrow security.