Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 22.404 - Power to Act As Trustee A church benefits board may act as:
(1) a trustee under a lawful trust committed to the board by contract, will, or otherwise; and(2) an agent for the performance of a lawful act relating to the purposes of the trust.Tex. Bus. Org. Code § 22.404
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. 1/1/2006.