Texas Property Code

§ 111.003 — TRUSTS SUBJECT TO THIS SUBTITLE

PR § 111.003Title 9. TRUSTS · Part B. TEXAS TRUST CODE: CREATION, OPERATION, AND TERMINATION OF TRUSTS · Ch. 111. GENERAL PROVISIONS

For the purposes of this subtitle, a "trust" is an express trust only and does not include:

(1)a resulting trust;

(2)a constructive trust;

(3)a business trust; or

(4)a security instrument such as a deed of trust, mortgage, or security interest as defined by the Business & Commerce Code.

Legislative history

Amended by Acts 1983, 68th Leg., p. 3332, ch. 567, art. 2, Sec. 2, eff. Jan. 1, 1984.