101.001 – CONVEYANCE BY PERSON DESIGNATED AS TRUSTEE. If
Texas Property Code § 101.001
Summary
This law allows a person designated as a trustee to convey or transfer property even if the trust is not identified or beneficiaries are not disclosed. It protects the trustee from claims by individuals who assert they are beneficiaries of an undisclosed trust.
Trustee can transfer property without identifying the trust or beneficiaries.
Protects trustee from claims by alleged beneficiaries.
Clarifies authority of trustees in property transactions.
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In simple terms: Learn about Texas's CONVEYANCE BY PERSON DESIGNATED AS TRUSTEE. If law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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