Finance Code § 125.308
A trustee’s death does not change a trust account unless the trust agreement or other listed conditions say otherwise; if it does change ownership or disposition, the credit union must pay out the money under the trust agreement or, without written trust terms, to an authorized beneficiary or other person.
- Jurisdiction
- United States — Texas
- Instrument
- Code
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
account handling death of trustee
Statute overview
About this statute
This page preserves the statute’s identified version, provision structure, official source link, and stored legal text for reading and research.
Ask AI about this statute
Finance Code § 125.308
Sign in to ask AI about this statute
Sign in to start authenticated, citation-grounded statute research.
Sign inLexChat organizes source-backed legal information for research. Verify amendments, commencement, and current legal force with the official publisher before relying on it.