Texas § PR.113.052 - LOAN OF TRUST FUNDS TO TRUSTEE

Full text of Texas The Texas Constitution § PR.113.052 — LOAN OF TRUST FUNDS TO TRUSTEE, with citation guidance and answers to common questions.

§ PR.113.052. LOAN OF TRUST FUNDS TO TRUSTEE

LOAN OF TRUST FUNDS TO TRUSTEE. (a) Except as provided by Subsection (b) of this section, a trustee may not lend trust funds to: (1) the trustee or an affiliate; (2) a director, officer, or employee of the trustee or an affiliate; (3) a relative of the trustee; or (4) the trustee's employer, employee, partner, or other business associate. (b) This section does not prohibit: (1) a loan by a trustee to a beneficiary of the trust if the loan is expressly authorized or directed by the instrument or transaction establishing the trust; or (2) a deposit by a corporate trustee with itself under Section 113.057 of this Act. Amended by Acts 1983, 68th Leg., p. 3332, ch. 567, art. 2, Sec. 2, eff. Jan. 1, 1984.

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § PR.113.052

What does The Texas Constitution § PR.113.052 cover?

Section PR.113.052 ("LOAN OF TRUST FUNDS TO 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.113.052?

A common citation format is "The Texas Constitution § PR.113.052" (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.113.052 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.