Property Code › Title 9 › Chapter 121 › Subchapter A

Texas Property Code § 121.004

Rule Against Perpetuities

Employees' Trusts · Pension Trusts

A pension trust may continue for as long as is necessary to accomplish the purposes of the trust and is not invalid under the rule against perpetuities or any other law restricting or limiting the duration of a trust.

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

Official source
Legislative history

Acts 1983, 68th Leg., p. 3691, ch. 576, Sec. 1, eff. Jan. 1, 1984.