113.023 – ANCILLARY TRUSTEE. (a) If trust property is
Texas Property Code § 113.023
Summary
This law allows a Texas trustee to appoint an ancillary trustee for trust property located outside Texas. The ancillary trustee can act within the authority delegated by the Texas trustee, ensuring proper management of the trust in foreign jurisdictions.
Allows appointment of an ancillary trustee for out-of-state trust property.
Ancillary trustee operates under the Texas trustee's delegated authority.
Ensures compliance with foreign jurisdiction requirements.
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In simple terms: Learn about Texas's ANCILLARY TRUSTEE. (a) If trust property is 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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