Property Code › Title 9 › Chapter 112 › Subchapter D

Texas Property Code § 112.079

Divided Discretion

Creation, Validity, Modification, and Termination of Trusts · Distribution of Trust Principal in Further Trust

If an authorized trustee has full discretion to distribute the principal of a trust and another trustee has limited discretion to distribute principal under the trust instrument, the authorized trustee having full discretion may exercise the power to distribute the trust's principal under Section 112.072.

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

Official source
Legislative history

Added by Acts 2013, 83rd Leg., R.S., Ch. 699 (H.B. 2913), Sec. 3, eff. September 1, 2013.

This section refers to

§ 112.072