{"data":{"id":"us-tx/tex.-property-code-113.015","jurisdiction":"us-tx","citation":"Tex. Property Code § 113.015","heading":"AUTHORITY TO BORROW.","body":"A trustee may borrow money from any source, including a trustee, purchase property on credit, and mortgage, pledge, or in any other manner encumber all or any part of the assets of the trust as is advisable in the judgment of the trustee for the advantageous administration of the trust.\nAmended by Acts 1983, 68th Leg., p. 3332, ch. 567, art. 2, Sec. 2, eff. Jan. 1, 1984.","path":["PROPERTY CODE","TITLE 9. TRUSTS","SUBTITLE B. TEXAS TRUST CODE: CREATION, OPERATION, AND TERMINATION OF TRUSTS","CHAPTER 113. ADMINISTRATION","SUBCHAPTER A. POWERS OF TRUSTEE"],"source_url":"https://statutes.capitol.texas.gov/Docs/PR/htm/PR.113.htm#113.015","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:37Z","sha256":"6321acf69914879b3feab801579b92f998b0884f82d3a585b6850797b6205545","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-property-code-113.014","next":"us-tx/tex.-property-code-113.016"},"notice":"GroundRules: Original legal text. Not legal advice."}