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Tex. Property Code § 113.027

This is the official text of Tex. Property Code § 113.027, part of Texas’s Property Code — governs real property, landlord-tenant law, and property transactions.

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§ 113.027. DISTRIBUTIONS GENERALLY.

Official statutory text

When distributing trust property or dividing or terminating a trust, a trustee may:

(1) make distributions in divided or undivided interests;

(2) allocate particular assets in proportionate or disproportionate shares;

(3) value the trust property for the purposes of acting under Subdivision (1) or (2); and

(4) adjust the distribution, division, or termination for resulting differences in valuation.

Status: in_force · Read it on the official government site

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