The settlor may provide in the trust instrument how property may or may not be disposed of in the event of failure, termination, or revocation of the trust.
Official text of the Texas Property Code as published by the Texas Legislative Council.
Property Code › Title 9 › Chapter 112 › Subchapter C
Texas Property Code § 112.053
Creation, Validity, Modification, and Termination of Trusts · Revocation, Modification, and Termination of Trusts
The settlor may provide in the trust instrument how property may or may not be disposed of in the event of failure, termination, or revocation of the trust.
Official text of the Texas Property Code as published by the Texas Legislative Council.
Added by Acts 1983, 68th Leg., p. 3332, ch. 567, art. 2, Sec. 2, eff. Jan. 1, 1984. Amended by Acts 1991, 72nd Leg., ch. 895, Sec. 17, eff. Sept. 1, 1991.