Tex. Prop. Code § 121.053 · Subchapter B. DEATH BENEFITS UNDER EMPLOYEES' TRUSTS
VALIDITY OF TRUST DECLARATION.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The validity of a trust agreement or declaration is not affected by:
(1) the absence of a corpus other than the right of the trustee to receive a death benefit as beneficiary;
(2) the employee's reservation of the right to designate another beneficiary of the death benefit; or
(3) the existence of authority to amend, modify, revoke, or terminate the agreement or declaration.
Notes and commentary — not statutory text
History
Acts 1983, 68th Leg., p. 3693, 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 7fddf87084d287e1d4973d6c3a51ca08ccf93fdad52cfc650ac9c4f4c0df9a29
- 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.