Texas Property Code

§ 143.006 — FEES AND REPORTING

PR § 143.006Title 10. MISCELLANEOUS BENEFICIAL PROPERTY INTERESTS · Part A. PERSONS UNDER DISABILITY · Ch. 143. POOLED TRUST SUBACCOUNTS

Statute text

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(a)The manager or trustee of a pooled trust may:

(1)assess fees against a subaccount of that pooled trust that is established under this chapter, in accordance with the manager's or trustee's standard fee structure; and

(2)pay fees assessed under Subdivision (1) from the subaccount.

(b)If required by the court, the manager or trustee of the pooled trust shall file a copy of the annual report of account with the court clerk.

Legislative history

Added by Acts 2019, 86th Leg., R.S., Ch. 1112 (H.B. 2245), Sec. 8, eff. September 1, 2019.