Tex. Prop. Code § 117.005 · Chapter 117. UNIFORM PRUDENT INVESTOR ACT
DIVERSIFICATION.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
A trustee shall diversify the investments of the trust unless the trustee reasonably determines that, because of special circumstances, the purposes of the trust are better served without diversifying.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1103, Sec. 1, eff. Jan. 1, 2004.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/PR/htm/PR.117.htm
- Text hash
- sha256 b7386e78bbb376344fa5da5a5a93b89c0bdddb606fd14ff258544118e2672a55
- 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.