Tex. Prop. Code Section 114.002
Liability of Successor Trustee for Breach of Trust by Predecessor

A successor trustee is liable for a breach of trust of a predecessor only if he knows or should know of a situation constituting a breach of trust committed by the predecessor and the successor trustee:

(1)

improperly permits it to continue;

(2)

fails to make a reasonable effort to compel the predecessor trustee to deliver the trust property; or

(3)

fails to make a reasonable effort to compel a redress of a breach of trust committed by the predecessor trustee.
Amended by Acts 1983, 68th Leg., p. 3332, ch. 567, art. 2, Sec. 2, eff. Jan. 1, 1984.

Source: Section 114.002 — Liability of Successor Trustee for Breach of Trust by Predecessor, https://statutes.­capitol.­texas.­gov/Docs/PR/htm/PR.­114.­htm#114.­002 (accessed Jun. 5, 2024).

Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 114.002’s source at texas​.gov