Texas § 183.110 FIDUCIARY RESPONSIBILITY.

Texas Statutes

§ 183.110 — FIDUCIARY RESPONSIBILITY.

Texas § 183.110

Code FIFinance Code

This text of Texas § 183.110 (FIDUCIARY RESPONSIBILITY.) 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. Finance Code Code Ann. § 183.110 (2026).

Text

Sec. 183.110. FIDUCIARY RESPONSIBILITY. The board of a state trust company is responsible for the proper exercise of fiduciary powers by the state trust company and each matter pertinent to the exercise of fiduciary powers, including:

(1)the determination of policies;

(2)the investment and disposition of property held in a fiduciary capacity; and

(3)the direction and review of the actions of each officer, employee, and committee used by the state trust company in the exercise of its fiduciary powers.

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Sec. 183.110. FIDUCIARY RESPONSIBILITY. The board of a state trust company is responsible for the proper exercise of fiduciary powers by the state trust company and each matter pertinent to the exercise of fiduciary powers, including:
(1) the determination of policies;
(2) the investment and disposition of property held in a fiduciary capacity; and
(3) the direction and review of the actions of each officer, employee, and committee used by the state trust company in the exercise of its fiduciary powers.