Texas Property Code 112.083 – Duties Not Created
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(a) This subchapter does not create or imply a duty for an authorized trustee to exercise a power to distribute principal, and impropriety may not be inferred as a result of the trustee not exercising a power conferred by § 112.072 or 112.073.
(b) An authorized trustee does not have a duty to inform beneficiaries about the availability of the authority provided by this subchapter or a duty to review the trust to determine whether any action should be taken under this subchapter.
Terms Used In Texas Property Code 112.083
- Trustee: A person or institution holding and administering property in trust.