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Can the Trust Fund Act be Waived | Gray Reed


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The general prohibition against waiving lien rights under Chapter 53 of the Texas Property Code has been written about extensively, and is well known through the industry.  However, the Construction Trust Fund Act (Ch. 162 of the Texas Property Code) does not contain any such prohibition.  From the Act itself, it is not clear whether construction trust fund rights can be waived or not.  Less than two years ago, the Texas Fourteenth Court of Appeals considered this issue, among several others, in
Mesa Southern CWS Acquisition, LP v. Deep Energy Exploration Partners, LLC.  In that case, the Court considered the following provision: ....

United States , Texas Fourteenth Court , Construction Trust Fund Act Ch , Energy Exploration Partners , Texas Property Code , Construction Trust Fund Act , Mesa Southern , ஒன்றுபட்டது மாநிலங்களில் , டெக்சாஸ் பதினான்காவது நீதிமன்றம் , கட்டுமானம் நம்பிக்கை நிதி நாடகம் சிஎச் , ஆற்றல் ஆய்வு கூட்டாளர்கள் , டெக்சாஸ் ப்ராபர்டீ குறியீடு , கட்டுமானம் நம்பிக்கை நிதி நாடகம் , மீசா தெற்கு ,