Tex. Prop. Code Section 117.010
Reviewing Compliance

Compliance with the prudent investor rule is determined in light of the facts and circumstances existing at the time of a trustee’s decision or action and not by hindsight.

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

Source: Section 117.010 — Reviewing Compliance, https://statutes.capitol.texas.gov/Docs/PR/htm/PR.117.htm#117.010 (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

§ 117.010’s source at texas.gov

Stay Connected

Join thousands of people who receive monthly site updates.

Get Legal Help

The State Bar of Texas runs a service for finding an attorney in good standing. Initial consultations are usually free or discounted: Lawyer Referral & Information Service (LRIS)

Committed to Public Service

We will always provide free access to the current law. In addition, we provide special support for non-profit, educational, and government users. Through social entrepreneurship, we’re lowering the cost of legal services and increasing citizen access.

Navigate

California:	Codes
Colorado:	C.R.S.
Nevada:	NRS
New York:	Laws
Oregon:	OAR, ORS
Texas:	Statutes
World:	Rome Statute, International Dictionary

Location: https://texas.public.law/statutes/tex._prop._code_section_117.010

Original Source: Section 117.010 — Reviewing Compliance, https://statutes.capitol.texas.gov/Docs/PR/htm/PR.117.htm#117.010 (last accessed Jun. 5, 2024).

Tex. Prop. Code Section 117.010 Reviewing Compliance

Tex. Prop. Code Section 117.010
Reviewing Compliance