Texas § PR.112.059 - TERMINATION OF UNECONOMIC TRUST
Full text of Texas The Texas Constitution § PR.112.059 — TERMINATION OF UNECONOMIC TRUST, with citation guidance and answers to common questions.
§ PR.112.059. TERMINATION OF UNECONOMIC TRUST
TERMINATION OF UNECONOMIC TRUST. (a) After notice to beneficiaries who are distributees or permissible distributees of trust income or principal or who would be distributees or permissible distributees if the interests of the distributees or the trust were to terminate and no powers of appointment were exercised, the trustee of a trust consisting of trust property having a total value of less than $50,000 may terminate the trust if the trustee concludes after considering the purpose of the trust and the nature of the trust assets that the value of the trust property is insufficient to justify the continued cost of administration. (b) On termination of a trust under this section, the trustee shall distribute the trust property in a manner consistent with the purposes of the trust. (c) A trustee may not exercise a power described by Subsection (a) if the trustee's possession of the power would cause the assets of the trust to be included in the trustee's estate for federal estate tax purposes. (d) This section does not apply to an easement for conservation or preservation. Added by Acts 2007, 80th Leg., R.S., Ch. 451 (H.B. 564 ), Sec. 5, eff. September 1, 2007. SUBCHAPTER D. DISTRIBUTION OF TRUST PRINCIPAL IN FURTHER TRUST
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § PR.112.059
What does The Texas Constitution § PR.112.059 cover?
Section PR.112.059 ("TERMINATION OF UNECONOMIC TRUST") 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.112.059?
A common citation format is "The Texas Constitution § PR.112.059" (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.112.059 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.