Tex. Prop. Code § 121.004 · Subchapter A. PENSION TRUSTS
RULE AGAINST PERPETUITIES.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
A pension trust may continue for as long as is necessary to accomplish the purposes of the trust and is not invalid under the rule against perpetuities or any other law restricting or limiting the duration of a trust.
Notes and commentary — not statutory text
History
Acts 1983, 68th Leg., p. 3691, ch. 576, Sec. 1, eff. Jan. 1, 1984.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/PR/htm/PR.121.htm
- Text hash
- sha256 667c2f34bffe44fc9eeeac15553b5aa113e7909aac7878b6f24299f7d23dde1c
- 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.