2021 Texas Statutes
Property Code
Title 9 - Trusts
Subtitle C - Miscellaneous Trusts
Chapter 121 - Employees' Trusts
Subchapter A. Pension Trusts
Section 121.005. Accumulation of Income

Universal Citation: TX Prop § 121.005 (2021)

Sec. 121.005. ACCUMULATION OF INCOME. Notwithstanding any law limiting the time during which trust income may be accumulated, the income of a pension trust may be accumulated under the terms of the trust for as long as is necessary to accomplish the purposes of the trust.

Acts 1983, 68th Leg., p. 3692, ch. 576, Sec. 1, eff. Jan. 1, 1984.

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