Texas § ES.113.104 - OWNERSHIP OF TRUST ACCOUNT DURING TRUSTEE'S LIFETIME
Full text of Texas The Texas Constitution § ES.113.104 — OWNERSHIP OF TRUST ACCOUNT DURING TRUSTEE'S LIFETIME, with citation guidance and answers to common questions.
§ ES.113.104. OWNERSHIP OF TRUST ACCOUNT DURING TRUSTEE'S LIFETIME
OWNERSHIP OF TRUST ACCOUNT DURING TRUSTEE'S LIFETIME. (a) A trust account belongs beneficially to the trustee during the trustee's lifetime unless: (1) the terms of the account or the deposit agreement manifest a contrary intent; or (2) other clear and convincing evidence of an irrevocable trust exists. (b) If two or more parties are named as trustees on a trust account, during the parties' lifetimes beneficial rights between the parties are governed by Section 113.102 . (c) An account that is an irrevocable trust belongs beneficially to the beneficiary. Added by Acts 2009, 81st Leg., R.S., Ch. 680 , Sec. 1, eff. January 1, 2014.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § ES.113.104
What does The Texas Constitution § ES.113.104 cover?
Section ES.113.104 ("OWNERSHIP OF TRUST ACCOUNT DURING TRUSTEE'S LIFETIME") 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 § ES.113.104?
A common citation format is "The Texas Constitution § ES.113.104" (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 § ES.113.104 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.