Texas Statutes (Last Updated: January 4, 2014) |
PROPERTY CODE |
Title 9. TRUSTS |
Subtitle C. MISCELLANEOUS TRUSTS |
Chapter 121. EMPLOYEES' TRUSTS |
Subchapter B. DEATH BENEFITS UNDER EMPLOYEES' TRUSTS |
Sec. 121.056. COMMINGLING OF ASSETS
Latest version.
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A trustee who receives a death benefit under this subchapter may commingle the property with other assets accepted by the trustee and held in trust, either before or after the death benefit is received.
Acts 1983, 68th Leg., p. 3694, ch. 576, Sec. 1, eff. Jan. 1, 1984.