Texas Civil Practice and Remedies Code

§ 140B.001 — DEFINITIONS

CP § 140B.001Title 6. MISCELLANEOUS PROVISIONS · Ch. 140B. CIVIL REMEDIES AND ENFORCEMENT RELATED TO RACKETEERING AND UNLAWFUL DEBT COLLECTION · Art. A. GENERAL PROVISIONS

Statute text

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In this chapter:

(1)"Beneficial interest":

(A)means the interest of a person:

(i)as a beneficiary under a trust established under the Texas Trust Code (Subtitle B, Title 9, Property Code) in which the trustee for the trust holds legal or record title to real property;

(ii)as a beneficiary under any other trust arrangement under which a trustee holds legal or record title to real property for the benefit of the person; or

(iii)under any other form of express fiduciary arrangement under which any other person holds legal or record title to real property for the benefit of the person; and

…

Legislative history

Added by Acts 2023, 88th Leg., R.S., Ch. 885 (H.B. 4635), Sec. 2, eff. September 1, 2023.