{"data":{"id":"us-tx/tex.-property-code-116.171","jurisdiction":"us-tx","citation":"Tex. Property Code § 116.171","heading":"INSUBSTANTIAL ALLOCATIONS NOT REQUIRED.","body":"If a trustee determines that an allocation between principal and income required by Section 116.172, 116.173, 116.174, 116.175, or 116.178 is insubstantial, the trustee may allocate the entire amount to principal unless one of the circumstances described in Section 116.005(c) applies to the allocation. This power may be exercised by a cotrustee in the circumstances described in Section 116.005(d) and may be released for the reasons and in the manner described in Section 116.005(e).\nAdded by Acts 2003, 78th Leg., ch. 659, Sec. 1, eff. Jan. 1, 2004.","path":["PROPERTY CODE","TITLE 9. TRUSTS","SUBTITLE B. TEXAS TRUST CODE: CREATION, OPERATION, AND TERMINATION OF TRUSTS","CHAPTER 116. UNIFORM PRINCIPAL AND INCOME ACT","SUBCHAPTER D. ALLOCATION OF RECEIPTS DURING ADMINISTRATION OF TRUST"],"source_url":"https://statutes.capitol.texas.gov/Docs/PR/htm/PR.116.htm#116.171","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:37Z","sha256":"926bb1499f947d91213e9fb0c67b3a2152e75ed3a3c42e416f16b890036b82c3","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-property-code-116.164","next":"us-tx/tex.-property-code-116.172"},"notice":"GroundRules: Original legal text. Not legal advice."}