3 The general rule in Texas has been that a trustee could not delegate discretionary powers. See Transamerican Leasing at 476; Opinion No. 98-15. Effective September 1, 1999, this rule will be somewhat relaxed — the 76th Legislature in HB 1475 amended Tex. Prop. Code §113.018, and added §113.060, to permit the appointment of an investment agent with the authority to make investment decisions for a trust. New §113.060 states that the trustee remains responsible for the investment decisions, unless the trustee employs a fiduciary standard of care in selecting the agent, and certain other conditions are met.