{"data":{"id":"us-tx/tex.-property-code-113.027","jurisdiction":"us-tx","citation":"Tex. Property Code § 113.027","heading":"DISTRIBUTIONS GENERALLY.","body":"When distributing trust property or dividing or terminating a trust, a trustee may:\n(1) make distributions in divided or undivided interests;\n(2) allocate particular assets in proportionate or disproportionate shares;\n(3) value the trust property for the purposes of acting under Subdivision (1) or (2); and\n(4) adjust the distribution, division, or termination for resulting differences in valuation.\nAdded by Acts 2005, 79th Leg., Ch. 148 (H.B. 1190), Sec. 12, eff. January 1, 2006.","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#113.027","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:37Z","sha256":"a805cea65f7f580ce2acc058a7900ddfeb01398ce2f5aaeaaa12604f932a57d6","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-property-code-113.026","next":"us-tx/tex.-property-code-113.028"},"notice":"GroundRules: Original legal text. Not legal advice."}
