Tex. Prop. Code Section 117.008
Impartiality

If a trust has two or more beneficiaries, the trustee shall act impartially in investing and managing the trust assets, taking into account any differing interests of the beneficiaries.

Added by Acts 2003, 78th Leg., ch. 1103, Sec. 1, eff. Jan. 1, 2004.

Source: Section 117.008 — Impartiality, https://statutes.capitol.texas.gov/Docs/PR/htm/PR.117.htm#117.008 (accessed Jun. 5, 2024).

117.001
Short Title 117.002
Uniformity of Application and Construction 117.003
Prudent Investor Rule 117.004
Standard of Care 117.005
Diversification 117.006
Duties at Inception of Trusteeship 117.007
Loyalty 117.008
Impartiality 117.009
Investment Costs 117.010
Reviewing Compliance 117.011
Delegation of Investment and Management Functions 117.012
Language Invoking Standard of Chapter

Up to date

Accessed:
Jun. 5, 2024

§ 117.008’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._prop._code_section_117.008

Original Source: Section 117.008 — Impartiality, https://statutes.capitol.texas.gov/Docs/PR/htm/PR.117.htm#117.008 (last accessed Jun. 5, 2024).

Tex. Prop. Code Section 117.008 Impartiality

Tex. Prop. Code Section 117.008
Impartiality