Tex. Property Code § 112.0715
This is the official text of Tex. Property Code § 112.0715, part of Texas’s Property Code — governs real property, landlord-tenant law, and property transactions.
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§ 112.0715. CREATION OF SECOND TRUST.
Official statutory text
(a) A second trust may be created by a distribution of principal under Section 112.072 or 112.073 to a second trust that retains the name used by the first trust. The second trust may retain, subject to applicable federal law, the tax identification number of the first trust.
(b) If a second trust is created by a distribution of principal under Section 112.072 or 112.073 to a trust that retains the name of the first trust, the property is not required to be retitled.
(c) Repealed by Acts 2023, 88th Leg., R.S., Ch. 446 (H.B. 2196), Sec. 6, eff. June 9, 2023.
(b) If a second trust is created by a distribution of principal under Section 112.072 or 112.073 to a trust that retains the name of the first trust, the property is not required to be retitled.
(c) Repealed by Acts 2023, 88th Leg., R.S., Ch. 446 (H.B. 2196), Sec. 6, eff. June 9, 2023.
Status: repealed · Read it on the official government site
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