Texas § 112.0715 CREATION OF SECOND TRUST.

Texas Statutes

§ 112.0715 — CREATION OF SECOND TRUST.

Texas § 112.0715

Code PRProperty Code

This text of Texas § 112.0715 (CREATION OF SECOND TRUST.) 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. Property Code Code Ann. § 112.0715 (2026).

Text

Sec. 112.0715. CREATION OF SECOND TRUST.

(a)A second trust may be created by a distribution of principal under Section 112.072 or 112.073 to a second trust that retains the name used by the first trust. The second trust may retain, subject to applicable federal law, the tax identification number of the first trust.

(b)If a second trust is created by a distribution of principal under Section 112.072 or 112.073 to a trust that retains the name of the first trust, the property is not required to be retitled.

(c)Repealed by Acts 2023, 88th Leg., R.S., Ch. 446 (H.B. 2196 ), Sec. 6, eff. June 9, 2023.

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Sec. 112.0715. CREATION OF SECOND TRUST. (a) A second trust may be created by a distribution of principal under Section 112.072 or 112.073 to a second trust that retains the name used by the first trust. The second trust may retain, subject to applicable federal law, the tax identification number of the first trust.
(b) If a second trust is created by a distribution of principal under Section 112.072 or 112.073 to a trust that retains the name of the first trust, the property is not required to be retitled.
(c) Repealed by Acts 2023, 88th Leg., R.S., Ch. 446 (H.B. 2196 ), Sec. 6, eff. June 9, 2023.

Legislative History

Added by Acts 2019, 86th Leg., R.S., Ch. 1112 (H.B. 2245 ), Sec. 4, eff. September 1, 2019. Amended by: Acts 2023, 88th Leg., R.S., Ch. 446 (H.B. 2196 ), Sec. 4, eff. June 9, 2023. Acts 2023, 88th Leg., R.S., Ch. 446 (H.B. 2196 ), Sec. 6, eff. June 9, 2023.