Texas Statutes
§ 113.054 — SALES FROM ONE TRUST TO ANOTHER.
Texas § 113.054
JurisdictionTexas
Code PRProperty Code
This text of Texas § 113.054 (SALES FROM ONE TRUST TO ANOTHER.) 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. § 113.054 (2026).
Text
Sec. 113.054. SALES FROM ONE TRUST TO ANOTHER. A trustee of one trust may not sell property to another trust of which it is also trustee unless the property is:
(1)a bond, note, bill, or other obligation issued or fully guaranteed as to principal and interest by the United States; and
(2)sold for its current market price.
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Legislative History
Amended by Acts 1983, 68th Leg., p. 3332, ch. 567, art. 2, Sec. 2, eff. Jan. 1, 1984.
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 § 113.054, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/PR/113.054.