Tex. Prop. Code § 121.005 · Subchapter A. PENSION TRUSTS
ACCUMULATION OF INCOME.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Notwithstanding any law limiting the time during which trust income may be accumulated, the income of a pension trust may be accumulated under the terms of the trust for as long as is necessary to accomplish the purposes of the trust.
Notes and commentary — not statutory text
History
Acts 1983, 68th Leg., p. 3692, 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 0068fffe76f07cd65b3b5dfc88fdc4df162503c49859f8cdc895add2f1a54121
- 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.