Texas Statutes
Property Code
Title 10 - Miscellaneous Beneficial Property Interests

Section 141.010. Manner of Creating Custodial Property and Effecting Transfer; Designation of Initial Custodian; Control - Sec. 141.010. MANNER OF CREATING CUSTODIAL PROPERTY AND EFFECTING TRANSFER;...

Section 141.011. Single Custodianship - Sec. 141.011. SINGLE CUSTODIANSHIP. A transfer may be made only...

Section 141.012. Validity and Effect of Transfer - Sec. 141.012. VALIDITY AND EFFECT OF TRANSFER. (a) The validity...

Section 141.013. Care of Custodial Property - Sec. 141.013. CARE OF CUSTODIAL PROPERTY. (a) A custodian shall:...

Section 141.014. Powers of Custodian - Sec. 141.014. POWERS OF CUSTODIAN. (a) A custodian, acting in...

Section 141.015. Use of Custodial Property - Sec. 141.015. USE OF CUSTODIAL PROPERTY. (a) A custodian may...

Section 141.016. Custodian's Expenses, Compensation, and Bond - Sec. 141.016. CUSTODIAN'S EXPENSES, COMPENSATION, AND BOND. (a) A custodian...

Section 141.017. Exemption of Third Person From Liability - Sec. 141.017. EXEMPTION OF THIRD PERSON FROM LIABILITY. A third...

Section 141.018. Liability to Third Person - Sec. 141.018. LIABILITY TO THIRD PERSON. (a) A claim based...

Section 141.019. Renunciation, Resignation, Death, or Removal of Custodian; Designation of Successor Custodian - Sec. 141.019. RENUNCIATION, RESIGNATION, DEATH, OR REMOVAL OF CUSTODIAN; DESIGNATION...

Section 141.020. Accounting by and Determination of Liability - Sec. 141.020. ACCOUNTING BY AND DETERMINATION OF LIABILITY. (a) A...

Section 141.021. Termination of Custodianship - Sec. 141.021. TERMINATION OF CUSTODIANSHIP. The custodian shall transfer in...

Section 141.022. Applicability - Sec. 141.022. APPLICABILITY. Except as provided by Section 141.025, this...

Section 141.023. Effect on Existing Custodianships - Sec. 141.023. EFFECT ON EXISTING CUSTODIANSHIPS. (a) Any transfer of...

Section 141.024. Uniformity of Application and Construction - Sec. 141.024. UNIFORMITY OF APPLICATION AND CONSTRUCTION. This chapter shall...

Section 141.025. Additional Transfers to Custodianships in Existence Before Effective Date of Act - Sec. 141.025. ADDITIONAL TRANSFERS TO CUSTODIANSHIPS IN EXISTENCE BEFORE EFFECTIVE...

Chapter 142 - Management of Property Recovered in Suit by a Next Friend or Guardian Ad Litem

Section 142.001. Management by Decree - Sec. 142.001. MANAGEMENT BY DECREE. (a) In a suit in...

Section 142.002. Management by Bonded Manager - Sec. 142.002. MANAGEMENT BY BONDED MANAGER. (a) In a suit...

Section 142.003. Compensation and Duties of Managers - Sec. 142.003. COMPENSATION AND DUTIES OF MANAGERS. (a) A person...

Section 142.004. Investment of Funds - Sec. 142.004. INVESTMENT OF FUNDS. (a) In a suit in...

Section 142.005. Trust for Property - Sec. 142.005. TRUST FOR PROPERTY. (a) Any court of record...

Section 142.006. Claims Against Property - Sec. 142.006. CLAIMS AGAINST PROPERTY. If any person claims an...

Section 142.007. Incapacitated Person - Sec. 142.007. INCAPACITATED PERSON. For the purposes of this chapter,...

Section 142.008. Structured Settlement - Sec. 142.008. STRUCTURED SETTLEMENT. (a) In a suit in which...

Section 142.009. Annuity Contract Requirements for Structured Settlement - Sec. 142.009. ANNUITY CONTRACT REQUIREMENTS FOR STRUCTURED SETTLEMENT. (a) An...

Section 142.010. Transfer of Trust Property to a Pooled Trust Subaccount - Sec. 142.010. TRANSFER OF TRUST PROPERTY TO A POOLED TRUST...

Chapter 143 - Pooled Trust Subaccounts

Section 143.001. Definitions - Sec. 143.001. DEFINITIONS. In this chapter: (1) "Beneficiary" means a...

Section 143.002. Application to Establish Subaccount - Sec. 143.002. APPLICATION TO ESTABLISH SUBACCOUNT. The following persons may...

Section 143.003. Appointment of Attorney Ad Litem - Sec. 143.003. APPOINTMENT OF ATTORNEY AD LITEM. (a) The court...

Section 143.004. Establishment of Subaccount - Sec. 143.004. ESTABLISHMENT OF SUBACCOUNT. If the court finds that...

Section 143.005. Terms of Subaccount - Sec. 143.005. TERMS OF SUBACCOUNT. Unless the court orders otherwise,...

Section 143.006. Fees and Reporting - Sec. 143.006. FEES AND REPORTING. (a) The manager or trustee...

Section 143.007. Jurisdiction Exclusive - Sec. 143.007. JURISDICTION EXCLUSIVE. Notwithstanding any other law, the court...

Subtitle B - Fiduciaries

Chapter 161 - Management and Control of Securities

Subchapter A. General Provisions

Section 161.001. Definitions - Sec. 161.001. DEFINITIONS. In this chapter: (1) "Fiduciary" means an...

Section 161.002. Decree or Governing Instrument Controls - Sec. 161.002. DECREE OR GOVERNING INSTRUMENT CONTROLS. The authority granted...

Subchapter B. Custodian of Securities

Section 161.021. Authority of Fiduciary - Sec. 161.021. AUTHORITY OF FIDUCIARY. A fiduciary who holds a...

Section 161.022. Separate Assets - Sec. 161.022. SEPARATE ASSETS. (a) A bank holding a security...

Section 161.023. Expense of Custodianship - Sec. 161.023. EXPENSE OF CUSTODIANSHIP. Unless the fiduciary is a...

Section 161.024. Records - Sec. 161.024. RECORDS. A bank holding a security under Section...

Section 161.025. Redelivery of Security Held by Nominee - Sec. 161.025. REDELIVERY OF SECURITY HELD BY NOMINEE. (a) A...

Section 161.026. Disposition of Security Held by Nominee - Sec. 161.026. DISPOSITION OF SECURITY HELD BY NOMINEE. A bank...

Section 161.027. Liability - Sec. 161.027. LIABILITY. A bank holding a security in the...

Section 161.028. Certification - Sec. 161.028. CERTIFICATION. (a) On the demand of a fiduciary...

Subchapter C. Deposit of Security With Federal Reserve Bank or Clearing Corporation

Section 161.051. Application - Sec. 161.051. APPLICATION. (a) Except as provided by Subsection (b),...

Section 161.052. Authority of Fiduciary - Sec. 161.052. AUTHORITY OF FIDUCIARY. A fiduciary holding a security...

Section 161.053. Bulk Holdings - Sec. 161.053. BULK HOLDINGS. A clearing corporation may merge and...

Section 161.054. Records - Sec. 161.054. RECORDS. A fiduciary, bank, trust company, or private...

Section 161.055. Regulation - Sec. 161.055. REGULATION. A bank, trust company, or private banker...

Section 161.056. Book Transfers - Sec. 161.056. BOOK TRANSFERS. The Federal Reserve Bank of Dallas...

Section 161.057. Liability - Sec. 161.057. LIABILITY. A fiduciary who deposits securities in a...

Section 161.058. Certification - Sec. 161.058. CERTIFICATION. (a) On the demand of a fiduciary...

Chapter 162 - Construction Payments, Loan Receipts, and Misapplication of Trust Funds

Subchapter A. Construction Payments and Loan Receipts

Section 162.001. Construction Payments and Loan Receipts as Trust Funds - Sec. 162.001. CONSTRUCTION PAYMENTS AND LOAN RECEIPTS AS TRUST FUNDS....

Section 162.002. Contractors as Trustees - Sec. 162.002. CONTRACTORS AS TRUSTEES. A contractor, subcontractor, or owner...

Section 162.003. Beneficiaries of Trust Funds - Sec. 162.003. BENEFICIARIES OF TRUST FUNDS. (a) An artisan, laborer,...

Section 162.004. Application - Sec. 162.004. APPLICATION. (a) This chapter does not apply to:...

Section 162.005. Definitions - Sec. 162.005. DEFINITIONS. In this chapter: (1) A trustee acts...

Section 162.006. Construction Account Required in Certain Circumstances - Sec. 162.006. CONSTRUCTION ACCOUNT REQUIRED IN CERTAIN CIRCUMSTANCES. (a) A...

Section 162.007. Management of Construction Accounts - Sec. 162.007. MANAGEMENT OF CONSTRUCTION ACCOUNTS. (a) A contractor required...

Subchapter B. Misapplication of Trust Funds

Section 162.031. Misapplication of Trust Funds - Sec. 162.031. MISAPPLICATION OF TRUST FUNDS. (a) A trustee who,...

Section 162.032. Penalties - Sec. 162.032. PENALTIES. (a) A trustee who misapplies trust funds...

Section 162.033. Election of Offenses - Sec. 162.033. ELECTION OF OFFENSES. If the misapplication of trust...

Chapter 163 - Management, Investment, and Expenditure of Institutional Funds

Section 163.001. Short Title - Sec. 163.001. SHORT TITLE. This chapter may be cited as...

Section 163.002. Legislative Findings and Purpose - Sec. 163.002. LEGISLATIVE FINDINGS AND PURPOSE. (a) The legislature finds...

Section 163.003. Definitions - Sec. 163.003. DEFINITIONS. In this chapter: (1) "Charitable purpose" means...

Section 163.004. Standard of Conduct in Managing and Investing Institutional Fund - Sec. 163.004. STANDARD OF CONDUCT IN MANAGING AND INVESTING INSTITUTIONAL...

Section 163.005. Appropriation for Expenditure or Accumulation of Endowment Fund; Rules of Construction - Sec. 163.005. APPROPRIATION FOR EXPENDITURE OR ACCUMULATION OF ENDOWMENT FUND;...

Section 163.006. Delegation of Management and Investment Functions - Sec. 163.006. DELEGATION OF MANAGEMENT AND INVESTMENT FUNCTIONS. (a) Subject...

Section 163.007. Release or Modification of Restrictions on Management, Investment, or Purpose - Sec. 163.007. RELEASE OR MODIFICATION OF RESTRICTIONS ON MANAGEMENT, INVESTMENT,...

Section 163.008. Reviewing Compliance - Sec. 163.008. REVIEWING COMPLIANCE. Compliance with this chapter is determined...

Section 163.009. Relation to Electronic Signatures in Global and National Commerce Act - Sec. 163.009. RELATION TO ELECTRONIC SIGNATURES IN GLOBAL AND NATIONAL...

Section 163.010. Uniformity of Application and Construction - Sec. 163.010. UNIFORMITY OF APPLICATION AND CONSTRUCTION. In applying and...

Section 163.011. Applicability of Other Parts of Code - Sec. 163.011. APPLICABILITY OF OTHER PARTS OF CODE. Chapters 116...

Subtitle C - Powers of Appointment

Chapter 181 - Powers of Appointment

Subchapter A. General Provisions

Section 181.001. Definitions - Sec. 181.001. DEFINITIONS. In this chapter: (1) "Donee" means a...

Section 181.002. Application - Sec. 181.002. APPLICATION. (a) Except as provided by Subsection (b),...

Section 181.003. Chapter Not Exclusive - Sec. 181.003. CHAPTER NOT EXCLUSIVE. The provisions of this chapter...

Section 181.004. Construction - Sec. 181.004. CONSTRUCTION. This chapter is intended to be declarative...

Subchapter B. Release of Powers of Appointment

Section 181.051. Authority of Donee to Release Power - Sec. 181.051. AUTHORITY OF DONEE TO RELEASE POWER. Unless the...

Section 181.052. Requisites of Release - Sec. 181.052. REQUISITES OF RELEASE. (a) A partial or complete...

Section 181.053. Release by Guardian - Sec. 181.053. RELEASE BY GUARDIAN. If a person under a...

Section 181.054. Effect of Release on Multiple Donees - Sec. 181.054. EFFECT OF RELEASE ON MULTIPLE DONEES. Unless the...

Section 181.055. Notice of Release - Sec. 181.055. NOTICE OF RELEASE. (a) A fiduciary or other...

Section 181.056. Recording - Sec. 181.056. RECORDING. (a) A county clerk shall record a...

Section 181.057. Effect of Failure to Deliver or File - Sec. 181.057. EFFECT OF FAILURE TO DELIVER OR FILE. Failure...

Section 181.058. Restraints on Alienation or Anticipation - Sec. 181.058. RESTRAINTS ON ALIENATION OR ANTICIPATION. The release of...

Subchapter C. Exercise of Powers of Appointment

Section 181.081. Extent of Power - Sec. 181.081. EXTENT OF POWER. Unless an instrument creating a...

Section 181.082. General Exercise - Sec. 181.082. GENERAL EXERCISE. In exercising a power, a donee...

Section 181.083. Creating Additional Powers - Sec. 181.083. CREATING ADDITIONAL POWERS. (a) In exercising a power,...

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Texas Statutes Property Code Title 10 - Miscellaneous Beneficial Property Interests

Texas Statutes
Property Code
Title 10 - Miscellaneous Beneficial Property Interests