Known as the Texas Trust Code
The act spans §§ 111–116 (165 sections).
Applied in 10 court decisions — leading case Winn v. Holdaway (In Re Holdaway) (2008)
Most recently applied in the Episcopal Church, the Local Episcopal Parties, the Local Episcopal Congregations, and the Most Rev. Katharine Jefferts Schori v. Franklin Salazar and Intervening Congregations (April 2018)
Amended by Acts 1983, 68th Leg., p. 3332, ch. 567, art. 2, Sec. 2, eff
For the purposes of this subtitle, a "trust" is an express trust only and does not include:
(1) a resulting trust;
(2) a constructive trust;
(3) a business trust; or
(4) a security instrument such as a deed of trust, mortgage, or security interest as defined by the Business & Commerce Code.