Tex. Prop. Code § 113.003 · Subchapter A. POWERS OF TRUSTEE
OPTIONS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
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.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 148 (H.B. 1190), Sec. 10, eff. January 1, 2006.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/PR/htm/PR.113.htm
- Text hash
- sha256 7b65ec9efc388705f8119fa377fc1630f2540fcd88fd5e98170974066ca5f1ee
- 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.