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Current as of January 01, 2024 | Updated by FindLaw Staff
(a) Except as provided by Subsection (b), this chapter applies:
(1) to a power or a release of a power, regardless of the date the power is created;
(2) to a vested, contingent, or conditional power; and
(3) to a power classified as a power in gross, a power appurtenant, a power appendant, a collateral power, a general, limited, or special power, an exclusive or nonexclusive power, or any other power.
(b) This chapter applies regardless of the time or manner a power is created or reserved or the release is made and regardless of the time, manner, or in whose favor a power may be exercised.
(c) This chapter does not apply to a power in trust that is imperative.
Cite this article: FindLaw.com - Texas Property Code - PROP § 181.002. Application - last updated January 01, 2024 | https://codes.findlaw.com/tx/property-code/prop-sect-181-002/
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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