Tex. Est. Code § 1301.056 · Subchapter B. CREATION OF MANAGEMENT TRUSTS
CONTENTS OF ORDER CREATING TRUST.
Text — Current through the 89th 2nd Called Legislative Session, 2025
An order creating a management trust must:
(1) direct any person or entity holding property that belongs to the person for whom the trust is created or to which that person is entitled to deliver all or part of that property to a person or corporate fiduciary appointed as trustee of the trust; and
(2) include terms and limitations placed on the trust.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 161 (S.B. 1093), Sec. 6.064, eff. January 1, 2014.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ES/htm/ES.1301.htm
- Text hash
- sha256 9571fb0eb048417dbae76849e683ca085946da2ecc681e21d59c504b09820818
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.