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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) This subchapter does not create or imply a duty for an authorized trustee to exercise a power to distribute principal, and impropriety may not be inferred as a result of the trustee not exercising a power conferred by Section 112.072 or 112.073.
(b) An authorized trustee does not have a duty to inform beneficiaries about the availability of the authority provided by this subchapter or a duty to review the trust to determine whether any action should be taken under this subchapter.
Cite this article: FindLaw.com - Texas Property Code - PROP § 112.083. Duties Not Created - last updated January 01, 2024 | https://codes.findlaw.com/tx/property-code/prop-sect-112-083/
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