Tex. Property Code § 51.0074
This is the official text of Tex. Property Code § 51.0074, part of Texas’s Property Code — governs real property, landlord-tenant law, and property transactions.
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§ 51.0074. DUTIES OF TRUSTEE.
Official statutory text
(a) One or more persons may be authorized to exercise the power of sale under a security instrument.
(b) A trustee may not be:
(1) assigned a duty under a security instrument other than to exercise the power of sale in accordance with the terms of the security instrument; or
(2) held to the obligations of a fiduciary of the mortgagor or mortgagee.
(b) A trustee may not be:
(1) assigned a duty under a security instrument other than to exercise the power of sale in accordance with the terms of the security instrument; or
(2) held to the obligations of a fiduciary of the mortgagor or mortgagee.
Status: in_force · Read it on the official government site
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