Texas § IN.1104.021 - TRUSTEE NAMED AS BENEFICIARY IN POLICY
Full text of Texas The Texas Constitution § IN.1104.021 — TRUSTEE NAMED AS BENEFICIARY IN POLICY, with citation guidance and answers to common questions.
§ IN.1104.021. TRUSTEE NAMED AS BENEFICIARY IN POLICY
TRUSTEE NAMED AS BENEFICIARY IN POLICY. (a) An individual may make a trust agreement providing that the proceeds of a life insurance policy insuring the individual be made payable to a trustee named as beneficiary in the policy. The validity of a trust agreement or declaration of trust that is designated as a beneficiary of a life insurance policy is not affected by whether any corpus of the trust exists in addition to the right of the trustee to receive insurance proceeds. (b) Life insurance policy proceeds described by Subsection (a) shall be paid to the trustee. The trustee shall hold and dispose of the proceeds as provided by the trust agreement. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003. Amended by: Acts 2009, 81st Leg., R.S., Ch. 672 (H.B. 2368 ), Sec. 1, eff. September 1, 2009.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.1104.021
What does The Texas Constitution § IN.1104.021 cover?
Section IN.1104.021 ("TRUSTEE NAMED AS BENEFICIARY IN POLICY") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.1104.021?
A common citation format is "The Texas Constitution § IN.1104.021" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.1104.021 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.