§ 113.081 Resignation of Trustee
§ 113.082 Removal of Trustee
§ 113.083 Appointment of Successor Trustee
§ 113.084 Powers of Successor Trustee
§ 113.085 Exercise of Powers by Multiple Trustees
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Terms Used In Texas Property Code Chapter 113 > Subchapter C - Resignation or Removal of Trustee, and Authority of Multiple and Successor Trustees

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
  • Property: means real and personal property. See Texas Government Code 311.005
  • Trustee: A person or institution holding and administering property in trust.