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"Jones and Duncan are 'officers' of CCG who had 'control or direction' of trust funds, pursuant to section 162.002, and 'directly or indirectly' used, disbursed, or otherwise diverted the trust funds at issue, pursuant to section 162.031(a). Accordingly, they are personally liable, jointly and severally, to Fox Rental for the stipulated amount of $27,556.71."
July 07, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Texas Lawyer
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