Tex. Prop. Code § 112.082

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 112.082 - Need for Distribution Not Required

An authorized trustee may exercise the power to distribute principal to a second trust under Section 112.072 or 112.073 regardless of whether there is a current need to distribute principal under the terms of the first trust.

Tex. Prop. Code § 112.082

Added by Acts 2013, 83rd Leg. - Regular Session, ch. 699,Sec. 3, eff. 9/1/2013.