Texas Property Code 143.006 – 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 Property Code 143.006
- Trustee: A person or institution holding and administering property in trust.