Tex. Prop. Code Section 117.009
Investment Costs

In investing and managing trust assets, a trustee may only incur costs that are appropriate and reasonable in relation to the assets, the purposes of the trust, and the skills of the trustee.
Added by Acts 2003, 78th Leg., ch. 1103, Sec. 1, eff. Jan. 1, 2004.

Source: Section 117.009 — Investment Costs, https://statutes.­capitol.­texas.­gov/Docs/PR/htm/PR.­117.­htm#117.­009 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 117.009’s source at texas​.gov