Sec. 113.052.  LOAN OF TRUST FUNDS TO TRUSTEE.  (a)  Except as provided by Subsection (b) of this section, a trustee may not lend trust funds to:
(1)  the trustee or an affiliate;
(2)  a director, officer, or employee of the trustee or an affiliate;
(3)  a relative of the trustee;  or
(4)  the trustee's employer, employee, partner, or other business associate.
(b)  This section does not prohibit:
(1)  a loan by a trustee to a beneficiary of the trust if the loan is expressly authorized or directed by the instrument or transaction establishing the trust;  or
(2)  a deposit by a corporate trustee with itself under Section 113.057 of this Act.
Amended by Acts 1983, 68th Leg., p. 3332, ch. 567, art. 2, Sec. 2, eff. Jan. 1, 1984.