Texas § 456.003 DUTY OF ELIGIBLE INSTITUTIONS.

Texas Statutes

§ 456.003 — DUTY OF ELIGIBLE INSTITUTIONS.

Texas § 456.003

Code ESEstates Code

This text of Texas § 456.003 (DUTY OF ELIGIBLE INSTITUTIONS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Estates Code Code Ann. § 456.003 (2026).

Text

Sec. 456.003. DUTY OF ELIGIBLE INSTITUTIONS. Not later than the seventh business day after the date an eligible institution receives a copy of a written agreement under Section 456.002 (a) or a statement from a personal representative under Section 456.002 (b) and instructions from the lawyer identified in the agreement or statement, as applicable, regarding how to disburse the funds or close a trust or escrow account, the eligible institution shall disburse the funds and close the account in compliance with the instructions.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 456.003. DUTY OF ELIGIBLE INSTITUTIONS. Not later than the seventh business day after the date an eligible institution receives a copy of a written agreement under Section 456.002 (a) or a statement from a personal representative under Section 456.002 (b) and instructions from the lawyer identified in the agreement or statement, as applicable, regarding how to disburse the funds or close a trust or escrow account, the eligible institution shall disburse the funds and close the account in compliance with the instructions.

Legislative History

Added by Acts 2015, 84th Leg., R.S., Ch. 949 (S.B. 995 ), Sec. 45, eff. September 1, 2015. Amended by: Acts 2017, 85th Leg., R.S., Ch. 844 (H.B. 2271 ), Sec. 35, eff. September 1, 2017.