Texas Property Code

§ 101.002 — LIABILITY OF TRUST PROPERTY

PR § 101.002Title 9. TRUSTS · Part A. PROVISIONS GENERALLY APPLICABLE TO TRUSTS · Ch. 101. PROVISIONS GENERALLY APPLICABLE TO TRUSTS

Statute text

View on source

Although trust property is held by the trustee without identifying the trust or its beneficiaries, the trust property is not liable to satisfy the personal obligations of the trustee.

Legislative history

Acts 1983, 68th Leg., p. 3654, ch. 576, Sec. 1, eff. Jan. 1, 1984. Renumbered from Sec. 101.001(b) by Acts 1987, 70th Leg., ch. 683, Sec. 3, eff. Aug. 31, 1987.