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Tex. Property Code § 113.006

This is the official text of Tex. Property Code § 113.006, part of Texas’s Property Code — governs real property, landlord-tenant law, and property transactions.

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§ 113.006. GENERAL AUTHORITY TO MANAGE AND INVEST TRUST PROPERTY.

Official statutory text

Subject to the requirements of Chapter 117, a trustee may manage the trust property and invest and reinvest in property of any character on the conditions and for the lengths of time as the trustee considers proper, notwithstanding that the time may extend beyond the term of the trust.

Status: in_force · Read it on the official government site

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