NEED FOR DISTRIBUTION NOT REQUIRED

Property Code

Section: 112.082

Jurisdiction: TX

Bluebook Citation: Tex. Prop. Code § 112.082

Sec. 112.082. NEED FOR DISTRIBUTION NOT REQUIRED. An authorized trustee may exercise the power to distribute principal to a second trust under Section 112.072 or 112.073 regardless of whether there is a current need to distribute principal under the terms of the first trust. Added by Acts 2013, 83rd Leg., R.S., Ch. 699 (H.B. 2913 ), Sec. 3, eff. September 1, 2013.

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