(a) If trust property is situated outside this state, a Texas trustee may name in
writing an individual or corporation qualified to act in the foreign jurisdiction
in connection with trust property as ancillary trustee.
(b) Within the limits of the authority of the Texas trustee, the ancillary trustee
has the rights, powers, discretions, and duties the Texas trustee delegates, subject
to the limitations and directions of the Texas trustee specified in the instrument
evidencing the appointment of the ancillary trustee.
(c) The Texas trustee may remove an ancillary trustee and appoint a successor at any
time as to all or part of the trust assets.
(d) The Texas trustee may require security of the ancillary trustee, who is answerable
to the Texas trustee for all trust property entrusted to or received by the ancillary
trustee in connection with the administration of the trust.
(e) If the law of the foreign jurisdiction requires a certain procedure or a judicial
order for the appointment of an ancillary trustee or to authorize an ancillary trustee
to act, the Texas trustee and the ancillary trustee must satisfy the requirements.
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 or via Westlaw before relying on it for your legal needs.
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