Texas
Property Code §112.037. TRUST FOR CARE OF ANIMAL
(a) A trust may be
created to provide for the care of an animal alive
during the settlor's lifetime. The trust terminates
on the death of the animal or, if the trust is
created to provide for the care of more than one
animal alive during the settlor's lifetime, on the
death of the last surviving animal.
(b) A trust
authorized by this section may be enforced by a
person appointed in the terms of the trust or, if a
person is not appointed in the terms of the trust,
by a person appointed by the court. A person having
an interest in the welfare of an animal that is the
subject of a trust authorized by this section may
request the court to appoint a person to enforce the
trust or to remove a person appointed to enforce the
trust.
(c) Except as
provided by Subsections (d) and (e), property of a
trust authorized by this section may be applied only
to the property's intended use under the trust.
(d) Property of a
trust authorized by this section may be applied to a
use other than the property's intended use under the
trust to the extent the court determines that the
value of the trust property exceeds the amount
required for the intended use.
(e) Except as
otherwise provided by the terms of the trust,
property not required for the trust's intended use
must be distributed to:
(1) if the settlor is living at the time the trust
property is distributed, the settlor; or
(2) if the
settlor is not living at the time the trust property
is distributed:
(A) if the settlor has a will, beneficiaries under
the settlor's will; or
(B) in
the absence of an effective provision in a will, the
settlor's heirs.
(f) For purposes of
Section 112.036, the lives in being used to
determine the maximum duration of a trust authorized
by this section are:
(1) the individual beneficiaries of the
trust;
(2) the
individuals named in the instrument creating the
trust; and
(3) if the settlor or settlors are living at the
time the trust becomes irrevocable, the settlor or
settlors of the trust or, if the settlor or settlors
are not living at the time the trust becomes
irrevocable, the individuals who would inherit the
settlor or settlors' property under the law of this
state had the settlor or settlors died intestate at
the time the trust becomes irrevocable.
(Acts 2005, 79th
Leg., ch. 148, §6, effective January 1, 2006)
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