Tex. Prop. Code § 117.005

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 117.005 - Diversification

A trustee shall diversify the investments of the trust unless the trustee reasonably determines that, because of special circumstances, the purposes of the trust are better served without diversifying.

Tex. Prop. Code § 117.005

Added by Acts 2003, 78th Leg., ch. 1103, Sec. 1, eff. 1/1/2004.
Added by Acts 2003, 78th Leg., ch. 1103, Sec. 1, eff. 1/1/2004.