Texas Statutes

§ 113.205 — PAYMENT OF TRUST ACCOUNT.

Texas § 113.205
JurisdictionTexas
Code ESEstates Code

This text of Texas § 113.205 (PAYMENT OF TRUST ACCOUNT.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tex. Estates Code Code Ann. § 113.205 (2026).

Text

Sec. 113.205. PAYMENT OF TRUST ACCOUNT.

(a)A trust account may be paid, on request, to any trustee.
(b)Unless a financial institution has received written notice that a beneficiary has a vested interest not dependent on the beneficiary's surviving the trustee, payment may be made to the personal representative or heirs of a deceased trustee if proof of death is presented to the financial institution showing that the deceased trustee was the survivor of each other person named on the account as a trustee or beneficiary.
(c)Payment may be made, on request, to a beneficiary if proof of death is presented to the financial institution showing that the beneficiary or beneficiaries survived all persons named as trustees.

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Legislative History

Added by Acts 2009, 81st Leg., R.S., Ch. 680 , Sec. 1, eff. January 1, 2014.

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Bluebook (online)
Texas § 113.205, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/ES/113.205.