Texas Property Code - Section 113.006. General Authority To Manage And Invest Trust Property
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Texas Laws > Property Code > Texas Property Code - Section 113.006. General Authority To Manage And Invest Trust Property
§ 113.006. GENERAL AUTHORITY TO MANAGE AND INVEST TRUST
PROPERTY. Subject to the requirements of Chapter 117, a trustee
may manage the trust property and invest and reinvest in property of
any character on the conditions and for the lengths of time as the
trustee considers proper, notwithstanding that the time may extend
beyond the term of the trust.
Added by Acts 1983, 68th Leg., p. 3332, ch. 567, art. 2, § 2, eff.
Jan. 1, 1984. Amended by Acts 2003, 78th Leg., ch. 1103, § 3,
eff. Jan. 1, 2004.
Section: 112.057 112.058 113.001 113.002 113.003 113.004 113.005 113.006 113.007 113.008 113.009 113.010 113.011 113.012 113.013
Last modified: August 11, 2007
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