Trust Purposes

Creation, Validity, Modification, and Termination of Trusts · Validity

A trust may be created for any purpose that is not illegal. The terms of the trust may not require the trustee to commit a criminal or tortious act or an act that is contrary to public policy.

Official text of the Texas Property Code as published by the Texas Legislative Council.

Official source

Legislative history

Amended by Acts 1983, 68th Leg., p. 3332, ch. 567, art. 2, Sec. 2, eff. Jan. 1, 1984.

Sections that refer to this one

§ 111.0035