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Texas Property Code - Chapter 111 General ProvisionsLegal Research Home > Texas Lawyer > Property Code > Texas Property Code - Chapter 111 General Provisions Sponsored LinksThis subtitle may be cited as the Texas Trust Code. Amended by Acts 1983, 68th Leg., p. 3332, ch. 567, art. 2, § 2, eff. ... This subtitle and the Texas Trust Act, as amended (Articles 7425b-1 through 7425b-48, Vernon's Texas Civil Statutes), shall be considered one continuous statute, and for ... For the purposes of this subtitle, a "trust" is an express trust only and does not include: (1) a resulting trust; (2) a constructive trust; ... (a) Except as provided by the terms of a trust and Subsection (b), this subtitle governs: (1) the duties and powers of a trustee; ... In this subtitle: (1) "Affiliate" includes: (A) a person who directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under ... If the law codified in this subtitle repealed a statute that abrogated or restated a common law rule, that common law rule is reestablished, except ... This subtitle applies: (1) to all trusts created on or after January 1, 1984, and to all transactions relating to such trusts; and (2) to ... Last modified: August 11, 2007 |