Tex. Prop. Code § 51.0074

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 51.0074 - Duties of Trustee

(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.

Tex. Prop. Code § 51.0074

Added by Acts 2007, 80th Leg., R.S., Ch. 903, Sec. 3, eff. 6/15/2007.