Tex. Est. Code § 1301.203 · Subchapter E. MODIFICATION, REVOCATION, OR TERMINATION OF MANAGEMENT TRUSTS
TERMINATION OF TRUST.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Except as provided by Subsection (a-1), if the person for whom a management trust is created is a minor, the trust terminates on:
(1) the earlier of:
(A) the person's death; or
(B) the person's 18th birthday; or
(2) the date provided by court order, which may not be later than the person's 25th birthday.
(a-1) If the person for whom a management trust is created is a minor and is also incapacitated for a reason other than being a minor, the trust terminates:
(1) on the person's death; or
(2) when the person regains capacity.
(b) If the person for whom a management trust is created is not a minor, the trust terminates:
(1) according to the terms of the trust;
(2) on the date the court determines that continuing the trust is no longer in the person's best interests, subject to Section 1301.202(c); or
(3) on the person's death.
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. 6.072, eff. January 1, 2014.
Acts 2021, 87th Leg., R.S., Ch. 521 (S.B. 626), Sec. 63, eff. September 1, 2021.
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 472aebb2b2a21436885539a98255eab6932c2ee9b0e7e03b09cfe51dcd53e8ce
- 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
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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.