Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 68.060 - Trust Exceptions(a) This chapter does not apply to a conveyance by a trustee under a court order, unless that court order is entered in an action between the trustee and the beneficiary. (b) Unless the trustee has actual knowledge that a person owning a beneficial interest in the trust is named in a RICO lien notice or is otherwise a defendant in a civil action brought under Chapter 140B, Civil Practice and Remedies Code, this subchapter does not apply to a conveyance by the trustee: (1) required under the terms of the trust agreement that is a matter of public record before the filing of the lien notice; or (2) to all of the persons who own beneficial interests in the trust. Added by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 885,Sec. 7, eff. 9/1/2023.