1.008[2/2] – (d), Business Organizations Code, and organized for the same
Texas Property Code § 1.008[2/2]
Summary
This law clarifies that a trustee remains liable for any actions or omissions that occurred prior to the termination of their duties. It ensures that previous liabilities are not absolved simply because the trustee's role has ended. This affects trustees and beneficiaries of trusts in Texas.
Trustees are liable for actions before duty termination.
Liability is not affected by the end of trustee duties.
Applies to all trustees under Texas law.
Frequently Asked Questions
Why Attorneys Choose FlawFinder
Side-by-side with Westlaw and LexisNexis
Feature
FlawFinder
Westlaw
LexisNexis
Monthly price
$19 - $99
$133 - $646
$153 - $399
Contract
None
1-3 year min
1-6 year min
Hidden fees
$0, always
Up to $469/search
$25/mo + per-doc
Police SOPs
✓ 310+ departments
✗
✗
Zero-hallucination AI
✓ CitationGuard
✗
✗
Cancel
One click
Termination fees
No option to cancel
Explain Like I'm 5
In simple terms: Learn about Texas's (d), Business Organizations Code, and organized for the same law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
FlawFinder provides legal information, not legal advice. Consult a licensed attorney for specific legal guidance.