Tex. Prop. Code § 117.009

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 117.009 - Investment Costs

In investing and managing trust assets, a trustee may only incur costs that are appropriate and reasonable in relation to the assets, the purposes of the trust, and the skills of the trustee.

Tex. Prop. Code § 117.009

Added by Acts 2003, 78th Leg., ch. 1103, Sec. 1, eff. 1/1/2004.

Added by Acts 2003, 78th Leg., ch. 1103, Sec. 1, eff. 1/1/2004.