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Texas Codes
PROPERTY CODETitle 9 - TRUSTSSubtitle B - TEXAS TRUST CODE: CREATION, OPERATION, AND TERMINATION OF TRUSTSChapter 114 - LIABILITIES, RIGHTS, AND REMEDIES OF TRUSTEES, BENEFICIARIES, AND THIRD PERSONS
Subchapter D - THIRD PERSONS
Section 114.0821 - Liability of Trust Property

Tex. Prop. Code § 114.0821

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Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 114.0821 - Liability of Trust Property

Although trust property is held by the trustee without identifying the trust or its beneficiaries, the trust property is not liable to satisfy the personal obligations of the trustee.

Tex. Prop. Code § 114.0821

Added by Acts 1983, 68th Leg., p. 3332, ch. 567, art. 2, Sec. 2, eff. 1/1/1984. Renumbered from Sec. 114.082(b) by Acts 1987, 70th Leg., ch. 683, Sec. 4, eff. 8/31/1987.