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Property Code §121.004

Text in force on

In force on Nov 09, 2026 · this text took effect Jan 01, 1984 · same as today's text

RULE AGAINST PERPETUITIES

A pension trust may continue for as long as is necessary to accomplish the purposes of the trust and is not invalid under the rule against perpetuities or any other law restricting or limiting the duration of a trust.

History: Acts 1983, 68th Leg., p. 3691, ch. 576, Sec. 1, eff. Jan. 1, 1984.

Source: the Legislature's file server, seen Nov 08, 2026.

Every version on file

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A research copy. The official text is the Legislature's (statutes), the Secretary of State's (Texas Administrative Code) or eCFR's (federal rules). Not legal advice.