Texas Estates Code 1302.006 – Fees and Reporting
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(a) The manager or trustee of a pooled trust may:
(1) assess fees against a subaccount of that pooled trust that is established under this chapter, in accordance with the manager’s or trustee’s standard fee structure; and
(2) pay fees assessed under Subdivision (1) from the subaccount.
(b) If required by the court, the manager or trustee of the pooled trust shall file a copy of the annual report of account with the court clerk.
Terms Used In Texas Estates Code 1302.006
- Court: means and includes:
(1) a county court in the exercise of its probate jurisdiction;
(2) a court created by statute and authorized to exercise original probate jurisdiction; and
(3) a district court exercising original probate jurisdiction in a contested matter. See Texas Estates Code 22.007 - Trustee: A person or institution holding and administering property in trust.