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Tex. Property Code § 112.084

This is the official text of Tex. Property Code § 112.084, part of Texas’s Property Code — governs real property, landlord-tenant law, and property transactions.

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§ 112.084. CERTAIN DISTRIBUTIONS PROHIBITED.

Official statutory text

(a) Except as provided by Subsection (b), an authorized trustee may not exercise a power to distribute principal of a trust otherwise provided by Section 112.072 or 112.073 if the distribution is expressly prohibited by the terms of the governing instrument of the trust.

(b) A general prohibition of the amendment or revocation of a trust or a provision that constitutes a spendthrift clause does not preclude the exercise of a power to distribute principal of a trust under Section 112.072 or 112.073.

Status: in_force · Read it on the official government site

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