Tex. Property Code § 114.002
This is the official text of Tex. Property Code § 114.002, part of Texas’s Property Code — governs real property, landlord-tenant law, and property transactions.
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§ 114.002. LIABILITY OF SUCCESSOR TRUSTEE FOR BREACH OF TRUST BY PREDECESSOR.
Official statutory text
A successor trustee is liable for a breach of trust of a predecessor only if he knows or should know of a situation constituting a breach of trust committed by the predecessor and the successor trustee:
(1) improperly permits it to continue;
(2) fails to make a reasonable effort to compel the predecessor trustee to deliver the trust property; or
(3) fails to make a reasonable effort to compel a redress of a breach of trust committed by the predecessor trustee.
(1) improperly permits it to continue;
(2) fails to make a reasonable effort to compel the predecessor trustee to deliver the trust property; or
(3) fails to make a reasonable effort to compel a redress of a breach of trust committed by the predecessor trustee.
Status: in_force · Read it on the official government site
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