123.005 – BREACH OF FIDUCIARY DUTY: VENUE; JURISDICTION.
Texas Property Code § 123.005
Summary
This law establishes the venue for legal actions by the attorney general against charitable entities or their fiduciaries for breach of fiduciary duty. It specifies that such cases should be filed in Travis County or the county of the defendant's residence or principal office.
Venue is in Travis County or defendant's residence.
Applies to breaches by charitable entities or fiduciaries.
Overrides conflicting provisions in the Estates Code.
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In simple terms: Learn about Texas's BREACH OF FIDUCIARY DUTY: VENUE; JURISDICTION. 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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