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Wednesday
Dec152010

x-Did Not Pass: SB 261 -- Perpetuities

Caption: Relating to the rule against perpetuities.
Author:   Carona
Bill History
Bill Text 

Relevance:  HB 372 would modify the rule against perpetuities to permit trusts to last for 200 years.

See "Perpetuities: How about 200 years?" on texasprobate.com. 

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References (2)

References allow you to track sources for this article, as well as articles that were written in response to this article.
  • Source
    Source: Perpetuities: How about 200 years?
    by Glenn Karisch on January 18, 2011
    The Wealth Management and Trust Division of the Texas Bankers Association (the TBA) has tried to repeal or extend the rule against perpetuities as it applies to trusts in past sessions, and it appears that it is going to try again. HB 372 and SB 261 would amend Section 112.036 of the Texas Trust Code to permit trusts to last for 200 years.
  • Response
    Response: Creola Sierras
    at x-Did Not Pass: SB 261 -- on August 29, 2015
    Information on pending and enacted legislation affecting probate, estate planning, guardianship and trust law in Texas.

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