Public-domain · open source
OpenJurist

Tex. Prop. Code § 101.001

CONVEYANCE BY PERSON DESIGNATED AS TRUSTEE

Applied in 2 court decisions — leading case Nolana Development Ass'n v. Corsi (1984)

Most recently applied in Hardy Road 13.4 Joint Venture v. Med Center Bank (December 1993)

Acts 1983, 68th Leg., p. 3654, ch. 576, Sec. 1, eff

If property is conveyed or transferred to a person designated as a trustee but the conveyance or transfer does not identify a trust or disclose the name of any beneficiary, the person designated as trustee may convey, transfer, or encumber the title of the property without subsequent question by a person who claims to be a beneficiary under a trust or who claims by, through, or under any undisclosed beneficiary or by, through, or under the person designated as trustee in that person's individual capacity.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.