VALIDITY OF TRUST; APPLICABILITY.

Tex. PROP Code § 112.121.
in effect
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(a) A trust may be created for a noncharitable purpose without a definite or definitely ascertainable beneficiary. A noncharitable purpose may include seeking economic or noneconomic benefits. (b) This subchapter does not apply to a trust created under Section 112.037 . Added by Acts 2023, 88th Leg., R.S., Ch. 1121 (H.B. 2333 ), Sec. 2, eff. June 18, 2023.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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