{"data":{"id":"us-tx/tex.-property-code-113.054","jurisdiction":"us-tx","citation":"Tex. Property Code § 113.054","heading":"SALES FROM ONE TRUST TO ANOTHER.","body":"A trustee of one trust may not sell property to another trust of which it is also trustee unless the property is:\n(1) a bond, note, bill, or other obligation issued or fully guaranteed as to principal and interest by the United States; and\n(2) sold for its current market price.\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#113.054","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:37Z","sha256":"d99e3865ea309e8c86953c39fa89829b4accb732579d6732ea924e8ba5728273","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-property-code-113.053","next":"us-tx/tex.-property-code-113.055"},"notice":"GroundRules: Original legal text. Not legal advice."}