Tex. Prop. Code Section 121.005
Accumulation of Income

Notwithstanding any law limiting the time during which trust income may be accumulated, the income of a pension trust may be accumulated under the terms of the trust for as long as is necessary to accomplish the purposes of the trust.
Acts 1983, 68th Leg., p. 3692, ch. 576, Sec. 1, eff. Jan. 1, 1984.

Source: Section 121.005 — Accumulation of Income, https://statutes.­capitol.­texas.­gov/Docs/PR/htm/PR.­121.­htm#121.­005 (accessed Jun. 5, 2024).

Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 121.005’s source at texas​.gov