Property Code › Title 9 › Chapter 112 › Subchapter D

Texas Property Code § 112.083

Duties Not Created

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

(a) This subchapter does not create or imply a duty for an authorized trustee to exercise a power to distribute principal, and impropriety may not be inferred as a result of the trustee not exercising a power conferred by Section 112.072 or 112.073.

(b) An authorized trustee does not have a duty to inform beneficiaries about the availability of the authority provided by this subchapter or a duty to review the trust to determine whether any action should be taken under this subchapter.

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