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Amend HB 1454 by inserting the following appropriately
numbered SECTIONS:
SECTION ____. Section 209.008, Property Code, is amended by
adding Subsection (h) to read as follows:
(h) An attorney may not enter into a contract or agreement
to represent a property owners' association under which legal fees
are charged to an owner's assessment account and payment of the fees
is delayed until after the account is collected from the owner or
the occurrence of another specified event. An attorney who
provides services described by this subsection may not collect
payment for legal fees for those services directly from the owner
from whom the association has the right to collect the legal fees or
defer payment of the fees until the association receives payment
from the owner. This subsection does not prohibit an attorney from
collecting a debt, including legal fees, and forwarding the amount
collected to the association.
SECTION ____. Section 209.008(h), Property Code, as added
by this Act, applies only to a contract or agreement entered into on
or after the effective date of this Act. A contract or agreement
entered into before the effective date of this Act is governed by
the law in effect immediately before that date, and that law is
continued in effect for that purpose.