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Texas Property Code - PROP § 51.0074. Duties of Trustee

Current as of January 01, 2024 | Updated by FindLaw Staff

(a) One or more persons may be authorized to exercise the power of sale under a security instrument.

(b) A trustee may not be:

(1) assigned a duty under a security instrument other than to exercise the power of sale in accordance with the terms of the security instrument; or

(2) held to the obligations of a fiduciary of the mortgagor or mortgagee.

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Cite this article: FindLaw.com - Texas Property Code - PROP § 51.0074. Duties of Trustee - last updated January 01, 2024 | https://codes.findlaw.com/tx/property-code/prop-sect-51-0074/

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