Sec. 1301.201. MODIFICATION OR REVOCATION OF TRUST. (a) The court may modify or revoke a management trust at any time before the date of the trust's termination.
(b) The following may not revoke a management trust:
(1) the ward for whom the trust is created or the guardian of the ward's estate;
(2) the incapacitated person for whom the trust is created; or
(3) the person who has only a physical disability for whom the trust is created.
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 161 (S.B. 1093), Sec. 6.070, eff. January 1, 2014.
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