This law governs the application of trust regulations in Texas, specifically for trusts created or transacted after January 1, 1984. It ensures that both new and certain existing trusts are subject to the updated legal framework.
Applies to trusts created on or after January 1, 1984.
Covers transactions related to pre-1984 trusts if occurring after that date.
Excludes transactions completed before January 1, 1984, under prior law.
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In simple terms: Learn about Texas's APPLICATION. This subtitle applies: 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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