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Texas Property Code - PROP § 68.060. Trust Exceptions

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

(a) This chapter does not apply to a conveyance by a trustee under a court order, unless that court order is entered in an action between the trustee and the beneficiary.

(b) Unless the trustee has actual knowledge that a person owning a beneficial interest in the trust is named in a RICO lien notice or is otherwise a defendant in a civil action brought under Chapter 140B, Civil Practice and Remedies Code, this subchapter does not apply to a conveyance by the trustee:

(1) required under the terms of the trust agreement that is a matter of public record before the filing of the lien notice; or

(2) to all of the persons who own beneficial interests in the trust.

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Cite this article: FindLaw.com - Texas Property Code - PROP § 68.060. Trust Exceptions - last updated January 01, 2024 | https://codes.findlaw.com/tx/property-code/prop-sect-68-060/

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