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Tex. Property Code § 181.001 Definitions
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Sec. 181.001. DEFINITIONS. In this chapter: (1) "Donee" means a person, whether or not a resident of this state, who, either alone or in conjunction with others, may exercise a power. (1-a) "Object of the power of appointment" means a person to whom the donee is given the power t…
Tex. Property Code § 181.002 Application
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Sec. 181.002. APPLICATION. (a) Except as provided by Subsection (b), this chapter applies: (1) to a power or a release of a power, regardless of the date the power is created; (2) to a vested, contingent, or conditional power; and (3) to a power classified as a power in gross, a …
Tex. Property Code § 181.003 Chapter Not Exclusive
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Sec. 181.003. CHAPTER NOT EXCLUSIVE. The provisions of this chapter concerning the release of a power are not exclusive. Acts 1983, 68th Leg., p. 3724, ch. 576, Sec. 1, eff. Jan. 1, 1984.
Tex. Property Code § 181.004 Construction
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Sec. 181.004. CONSTRUCTION. This chapter is intended to be declarative of the common law of this state, and it shall be liberally construed to make all powers, except imperative powers in trust, releasable unless the instrument creating the trust expressly provides otherwise. Act…