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Current as of January 01, 2024 | Updated by Findlaw Staff
It is an affirmative defense to prosecution under this section that:
(1) the trustee paid the beneficiaries all trust money to which the beneficiaries were entitled not later than the 15th day after the date written notice was given to the trustee at the trustee's most recent address known that a criminal complaint has been filed against the trustee or that a criminal investigation of the trustee is pending; or
(2) two or more persons claim to be beneficiaries of the same trust money, and the trustee has deposited the amount of the disputed trust money into the registry of the district court of the county in which the standing timber was located by action in interpleader or other appropriate legal proceeding for the benefit of persons the district court determines to be entitled to the trust money.
Cite this article: FindLaw.com - Texas Natural Resources Code - NAT RES § 151.106. Defenses to Prosecution - last updated January 01, 2024 | https://codes.findlaw.com/tx/natural-resources-code/nat-res-sect-151-106/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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