Texas § PR.114.081 - PROTECTION OF PERSON DEALING WITH TRUSTEE
Full text of Texas The Texas Constitution § PR.114.081 — PROTECTION OF PERSON DEALING WITH TRUSTEE, with citation guidance and answers to common questions.
§ PR.114.081. PROTECTION OF PERSON DEALING WITH TRUSTEE
PROTECTION OF PERSON DEALING WITH TRUSTEE. (a) A person who deals with a trustee in good faith and for fair value actually received by the trust is not liable to the trustee or the beneficiaries of the trust if the trustee has exceeded the trustee's authority in dealing with the person. (b) A person other than a beneficiary is not required to inquire into the extent of the trustee's powers or the propriety of the exercise of those powers if the person: (1) deals with the trustee in good faith; and (2) obtains: (A) a certification of trust described by Section 114.086 ; or (B) a copy of the trust instrument. (c) A person who in good faith delivers money or other assets to a trustee is not required to ensure the proper application of the money or other assets. (d) A person other than a beneficiary who in good faith assists a former trustee, or who in good faith and for value deals with a former trustee, without knowledge that the trusteeship has terminated, is protected from liability as if the former trustee were still a trustee. (e) Comparable protective provisions of other laws relating to commercial transactions or transfer of securities by fiduciaries prevail over the protection provided by this section. Added by Acts 1983, 68th Leg., p. 3332, ch. 567, art. 2, Sec. 2, eff. Jan. 1, 1984. Amended by: Acts 2007, 80th Leg., R.S., Ch. 451 (H.B. 564 ), Sec. 9, eff. September 1, 2007.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § PR.114.081
What does The Texas Constitution § PR.114.081 cover?
Section PR.114.081 ("PROTECTION OF PERSON DEALING WITH TRUSTEE") 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 § PR.114.081?
A common citation format is "The Texas Constitution § PR.114.081" (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 § PR.114.081 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.