Sec. 310.005. TREATMENT OF INCOME RECEIVED BY TRUSTEE. Income received by a trustee under this chapter shall be treated as income of the trust as provided by Section 116.101, Property Code.
Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.
Structure Texas Statutes
Title 2 - Estates of Decedents; Durable Powers of Attorney
Subtitle G - Initial Appointment of Personal Representative and Opening of Administration
Chapter 310 - Allocation of Estate Income and Expenses
Section 310.002. Applicability of Other Law
Section 310.003. Allocation of Expenses
Section 310.004. Income Determination and Distribution
Section 310.005. Treatment of Income Received by Trustee
Section 310.006. Frequency and Method of Determining Interests in Certain Estate Assets