A trustee shall invest and manage the trust assets solely in the interest of the beneficiaries.
Tex. Prop. Code § 117.007
LOYALTY
Known as the Uniform Prudent Investor Act
The act spans §§ 117–117 (12 sections).
Added by Acts 2003, 78th Leg., ch. 1103, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.