yourstate.us
Home / Texas / Property Code
Tex. Property Code § 117.006

DUTIES AT INCEPTION OF TRUSTEESHIP

Texas · Texas Property Code · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Tex. Property Code § 117.006, DUTIES AT INCEPTION OF TRUSTEESHIP, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/565083
Permanent ID
ys:prov:565083@1
SHA-256
b335e86ea882b79dbfc1f895899319bdd6c7ca59a1e532e6ef326b36d2ae73fa

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

Within a reasonable time after accepting a trusteeship or receiving trust assets, a trustee shall review the trust assets and make and implement decisions concerning the retention and disposition of assets, in order to bring the trust portfolio into compliance with the purposes, terms, distribution requirements, and other circumstances of the trust, and with the requirements of this chapter.