Texas Property Code

§ 121.056 — COMMINGLING OF ASSETS

PR § 121.056Title 9. TRUSTS · Part C. MISCELLANEOUS TRUSTS · Ch. 121. EMPLOYEES' TRUSTS · Art. B. DEATH BENEFITS UNDER EMPLOYEES' TRUSTS

Statute text

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A trustee who receives a death benefit under this subchapter may commingle the property with other assets accepted by the trustee and held in trust, either before or after the death benefit is received.

Legislative history

Acts 1983, 68th Leg., p. 3694, ch. 576, Sec. 1, eff. Jan. 1, 1984.