Texas § PR.112.080 - LATER DISCOVERED ASSETS
Full text of Texas The Texas Constitution § PR.112.080 — LATER DISCOVERED ASSETS, with citation guidance and answers to common questions.
§ PR.112.080. LATER DISCOVERED ASSETS
LATER DISCOVERED ASSETS. To the extent the authorized trustee does not provide otherwise: (1) the distribution of all of the principal of a first trust to a second trust includes subsequently discovered assets otherwise belonging to the first trust and principal paid to or acquired by the first trust after the distribution of the first trust's principal to the second trust; and (2) the distribution of part of the principal of a first trust to a second trust does not include subsequently discovered assets belonging to the first trust or principal paid to or acquired by the first trust after the distribution of principal from the first trust to the second trust, and those assets or that principal remain the assets or principal of the first trust. Added by Acts 2013, 83rd Leg., R.S., Ch. 699 (H.B. 2913 ), Sec. 3, eff. September 1, 2013.
Frequently Asked Questions About Texas § PR.112.080
What does The Texas Constitution § PR.112.080 cover?
Section PR.112.080 ("LATER DISCOVERED ASSETS") 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.112.080?
A common citation format is "The Texas Constitution § PR.112.080" (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.112.080 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.