Property Code › Title 9 › Chapter 121 › Subchapter A

Texas Property Code § 121.005

Accumulation of Income

Employees' Trusts · Pension Trusts

Notwithstanding any law limiting the time during which trust income may be accumulated, the income of a pension trust may be accumulated under the terms of the trust for as long as is necessary to accomplish the purposes of the trust.

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

Official source
Legislative history

Acts 1983, 68th Leg., p. 3692, ch. 576, Sec. 1, eff. Jan. 1, 1984.