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Tex. Property Code § 113.003

OPTIONS

Texas · Texas Property Code · Status: effective

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Tex. Property Code § 113.003, OPTIONS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/564944
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A trustee may: (1) grant an option involving a sale, lease, or other disposition of trust property, including an option exercisable beyond the duration of the trust; or (2) acquire and exercise an option for the acquisition of property, including an option exercisable beyond the duration of the trust.