{"data":{"id":"us-tx/tex.-property-code-112.121","jurisdiction":"us-tx","citation":"Tex. Property Code § 112.121","heading":"VALIDITY OF TRUST; APPLICABILITY.","body":"(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.\n(b) This subchapter does not apply to a trust created under Section 112.037.\nAdded by Acts 2023, 88th Leg., R.S., Ch. 1121 (H.B. 2333), Sec. 2, eff. June 18, 2023.","path":["PROPERTY CODE","TITLE 9. TRUSTS","SUBTITLE B. TEXAS TRUST CODE: CREATION, OPERATION, AND TERMINATION OF TRUSTS","CHAPTER 112. CREATION, VALIDITY, MODIFICATION, AND TERMINATION OF TRUSTS","SUBCHAPTER F. NONCHARITABLE TRUST WITHOUT ASCERTAINABLE BENEFICIARY"],"source_url":"https://statutes.capitol.texas.gov/Docs/PR/htm/PR.112.htm#112.121","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:37Z","sha256":"c43999fc1bc1e9996317c9bdfe12c43b25a686a0b1a3bbedb068c1c2fe19a5fe","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-property-code-112.106","next":"us-tx/tex.-property-code-112.122"},"notice":"GroundRules: Original legal text. Not legal advice."}