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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A beneficiary who has full legal capacity and is acting on full information may relieve a trustee from any duty, responsibility, restriction, or liability as to the beneficiary that would otherwise be imposed on the trustee by this subtitle, including liability for past violations.
(b) The release must be in writing and delivered to the trustee.
Cite this article: FindLaw.com - Texas Property Code - PROP § 114.005. Release of Liability by Beneficiary - last updated January 01, 2024 | https://codes.findlaw.com/tx/property-code/prop-sect-114-005/
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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