Texas Statutes
§ 112.121 — VALIDITY OF TRUST; APPLICABILITY.
Texas § 112.121
JurisdictionTexas
Code PRProperty Code
This text of Texas § 112.121 (VALIDITY OF TRUST; APPLICABILITY.) 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. § 112.121 (2026).
Text
Sec. 112.121. VALIDITY OF TRUST; APPLICABILITY.
(a)A trust may be created for a noncharitable purpose without a definite or definitely ascertainable beneficiary. A noncharitable purpose may include seeking economic or noneconomic benefits.
(b)This subchapter does not apply to a trust created under Section 112.037 .
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Legislative History
Added by Acts 2023, 88th Leg., R.S., Ch. 1121 (H.B. 2333 ), Sec. 2, eff. June 18, 2023.
Nearby Sections
15
§ 112.001
METHODS OF CREATING TRUST.§ 112.002
INTENTION TO CREATE TRUST.§ 112.003
CONSIDERATION.§ 112.004
STATUTE OF FRAUDS.§ 112.005
TRUST PROPERTY.§ 112.006
ADDITIONS TO TRUST PROPERTY.§ 112.007
CAPACITY OF SETTLOR.§ 112.008
CAPACITY OF TRUSTEE.§ 112.009
ACCEPTANCE BY TRUSTEE.§ 112.011
POSTHUMOUS CLASS GIFTS MEMBERSHIP.§ 112.031
TRUST PURPOSES.§ 112.0335
CONSTRUCTION OF CERTAIN TRUSTS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 112.121, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/PR/112.121.