{"data":{"id":"us-tx/tex.-property-code-113.052","jurisdiction":"us-tx","citation":"Tex. Property Code § 113.052","heading":"LOAN OF TRUST FUNDS TO TRUSTEE.","body":"(a) Except as provided by Subsection (b) of this section, a trustee may not lend trust funds to:\n(1) the trustee or an affiliate;\n(2) a director, officer, or employee of the trustee or an affiliate;\n(3) a relative of the trustee; or\n(4) the trustee's employer, employee, partner, or other business associate.\n(b) This section does not prohibit:\n(1) a loan by a trustee to a beneficiary of the trust if the loan is expressly authorized or directed by the instrument or transaction establishing the trust; or\n(2) a deposit by a corporate trustee with itself under Section 113.057 of this Act.\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 B. DUTIES OF TRUSTEE"],"source_url":"https://statutes.capitol.texas.gov/Docs/PR/htm/PR.113.htm#113.052","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:37Z","sha256":"780e39bb48d72ebcfff6a461f4e69f80018234acb522ddac514aae8136a76cb3","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-property-code-113.051","next":"us-tx/tex.-property-code-113.053"},"notice":"GroundRules: Original legal text. Not legal advice."}