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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Property Code § 112.121: VALIDITY OF TRUST; APPLICABILITY.

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Where this section sits in the code
  1. PROPERTY CODE
  2. TITLE 9. TRUSTS
  3. SUBTITLE B. TEXAS TRUST CODE: CREATION, OPERATION, AND TERMINATION OF TRUSTS
  4. CHAPTER 112. CREATION, VALIDITY, MODIFICATION, AND TERMINATION OF TRUSTS
  5. SUBCHAPTER F. NONCHARITABLE TRUST WITHOUT ASCERTAINABLE BENEFICIARY

(a) A trust may be created for a noncharitable purpose without a definite or definitely ascertainable beneficiary. A noncharitable purpose may include seeking economic or noneconomic benefits.

(b) This subchapter does not apply to a trust created under Section 112.037.

Added by Acts 2023, 88th Leg., R.S., Ch. 1121 (H.B. 2333), Sec. 2, eff. June 18, 2023.

Collected 2026-08-27T01:47:37Z. Source file · JSON

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