Court of Appeals of Texas December 29, 1980, 1698 (James Talcott, Inc. v. Valley Federal Savings & Loan Ass'n)

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United States · · · 29-12-1980

OPINION

BISSETT, Justice.

The controlling question to be decided in this appeal is whether monies owned by a judgment-debtor in a tax and insurance escrow account and held by a mortgagee in accordance with the requirements of a deed of trust duly executed by the judgment-debtor in favor of the mortgagee are subject to garnishment by a judgment-creditor.

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