Texas Property Code

§ 111.004 — DEFINITIONS

PR § 111.004Title 9. TRUSTS · Part B. TEXAS TRUST CODE: CREATION, OPERATION, AND TERMINATION OF TRUSTS · Ch. 111. GENERAL PROVISIONS

Statute text

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In this subtitle:

(1)"Affiliate" includes:

(A)a person who directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under common control with another person; or

(B)any officer, director, partner, employee, or relative of a person, and any corporation or partnership of which a person is an officer, director, or partner.

(2)"Beneficiary" means a person for whose benefit property is held in trust, regardless of the nature of the interest.

(3)"Court" means a court of appropriate jurisdiction.

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Legislative history

Acts 2005, 79th Leg., Ch. 148 (H.B. 1190), Sec. 3, eff. January 1, 2006. Acts 2007, 80th Leg., R.S., Ch. 451 (H.B. 564), Sec. 3, eff. September 1, 2007. Acts 2013, 83rd Leg., R.S., Ch. 699 (H.B. 2913), Sec. 1, eff. September 1, 2013. Acts 2023, 88th Leg., R.S., Ch. 1121 (H.B. 2333), Sec. 1, eff. June 18, 2023.