Texas Statutes
§ 113.027 — DISTRIBUTIONS GENERALLY.
Texas § 113.027
JurisdictionTexas
Code PRProperty Code
This text of Texas § 113.027 (DISTRIBUTIONS GENERALLY.) 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. § 113.027 (2026).
Text
Sec. 113.027. DISTRIBUTIONS GENERALLY. When distributing trust property or dividing or terminating a trust, a trustee may:
(1)make distributions in divided or undivided interests;
(2)allocate particular assets in proportionate or disproportionate shares;
(3)value the trust property for the purposes of acting under Subdivision (1) or (2); and
(4)adjust the distribution, division, or termination for resulting differences in valuation.
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Legislative History
Added by Acts 2005, 79th Leg., Ch. 148 (H.B. 1190 ), Sec. 12, eff. January 1, 2006.
Nearby Sections
15
§ 113.001
LIMITATION OF POWERS.§ 113.002
GENERAL POWERS.§ 113.003
OPTIONS.§ 113.004
ADDITIONS TO TRUST ASSETS.§ 113.005
ACQUISITION OF UNDIVIDED INTERESTS.§ 113.007
TEMPORARY DEPOSITS OF FUNDS.§ 113.008
BUSINESS ENTITIES.§ 113.009
REAL PROPERTY MANAGEMENT.§ 113.010
SALE OF PROPERTY.§ 113.011
LEASES.§ 113.012
MINERALS.§ 113.013
INSURANCE.§ 113.014
PAYMENT OF TAXES.§ 113.015
AUTHORITY TO BORROW.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 113.027, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/PR/113.027.