Texas Statutes (Last Updated: January 4, 2014) |
PROPERTY CODE |
Title 9. TRUSTS |
Subtitle B. TEXAS TRUST CODE: CREATION, OPERATION, AND TERMINATION OF TRUSTS |
Chapter 112. CREATION, VALIDITY, MODIFICATION, AND TERMINATION OF TRUSTS |
Subchapter B. VALIDITY |
Sec. 112.038. FORFEITURE CLAUSE
Latest version.
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A provision in a trust that would cause a forfeiture of or void an interest for bringing any court action, including contesting a trust, is unenforceable if:
(1) just cause existed for bringing the action; and
(2) the action was brought and maintained in good faith.
Added by Acts 2009, 81st Leg., R.S., Ch. 414 , Sec. 3, eff. June 19, 2009. Amended by: Acts 2011, 82nd Leg., R.S., Ch. 657 , Sec. 2, eff. September 1, 2011.