Property Code › Title 9 › Chapter 112 › Subchapter A
Texas Property Code § 112.003
Consideration
Creation, Validity, Modification, and Termination of Trusts · Creation
Consideration is not required for the creation of a trust. A promise to create a trust in the future is enforceable only if the requirements for an enforceable contract are present.
Official text of the Texas Property Code as published by the Texas Legislative Council.
Legislative history
Amended by Acts 1983, 68th Leg., p. 3332, ch. 567, art. 2, Sec. 2, eff. Jan. 1, 1984.
