Property Code › Title 9 › Chapter 112 › Subchapter D

Texas Property Code § 112.082

Need for Distribution Not Required

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

An authorized trustee may exercise the power to distribute principal to a second trust under Section 112.072 or 112.073 regardless of whether there is a current need to distribute principal under the terms of the first trust.

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§ 112.073