COMPENSATION
Known as the Texas Trust Code
The act spans §§ 111–116 (165 sections).
Applied in 3 court decisions — leading case Alpert v. Riley (2009)
Most recently applied in Alpert v. Riley (January 2009)
Added by Acts 1983, 68th Leg., p. 3332, ch. 567, art. 2, Sec. 2, eff
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
(a) Unless the terms of the trust provide otherwise and except as provided in Subsection (b) of this section, the trustee is entitled to reasonable compensation from the trust for acting as trustee.
(b) If the trustee commits a breach of trust, the court may in its discretion deny him all or part of his compensation.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.