Section 125.308 - Effect of Death of Trustee on Account(a) The death of a trustee does not affect the ownership or disposition of a trust account unless:(1) the trust agreement provides otherwise; or(2) there is not a surviving trustee, and:(A) the account is a trust account subject to Subchapter B, Chapter 111, and Chapters 112 and 113, Estates Code; or(B) written evidence of the terms of the trust does not exist.(b) On the death of a trustee for a trust account for which the death of a trustee affects the ownership disposition of the account, the credit union shall pay out money in the trust account:(1) in accordance with the trust agreement; or(2) in the absence of written evidence of the terms of the trust, to a beneficiary or any other person authorized by law to request or receive payment.Amended by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 1236,Sec. 20.014, eff. 9/1/2015. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.