Sec. 121.053.  VALIDITY OF TRUST DECLARATION.  The validity of a trust agreement or declaration is not affected by:
(1)  the absence of a corpus other than the right of the trustee to receive a death benefit as beneficiary;
(2)  the employee's reservation of the right to designate another beneficiary of the death benefit;  or
(3)  the existence of authority to amend, modify, revoke, or terminate the agreement or declaration.
Acts 1983, 68th Leg., p. 3693, ch. 576, Sec. 1, eff. Jan. 1, 1984.