Texas § 274.003 SUBSIDIARY TRUST COMPANY.

Texas Statutes

§ 274.003 — SUBSIDIARY TRUST COMPANY.

Texas § 274.003

Code FIFinance Code

This text of Texas § 274.003 (SUBSIDIARY TRUST COMPANY.) 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. § 274.003 (2026).

Text

Sec. 274.003. SUBSIDIARY TRUST COMPANY. An entity is a subsidiary trust company of a bank holding company if:

(1)the entity is a:

(A)trust company organized under Subchapter A , Chapter 182 ; or

(B)bank that is organized to conduct a trust business and any incidental business or to exercise trust powers; and

(2)more than 50 percent of the voting stock of the entity is directly or indirectly owned by the bank holding company. SUBCHAPTER B. SUBSIDIARY TRUST COMPANIES AS SUBSTITUTE OR SUCCESSOR FIDUCIARIES

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Sec. 274.003. SUBSIDIARY TRUST COMPANY. An entity is a subsidiary trust company of a bank holding company if:
(1) the entity is a:
(A) trust company organized under Subchapter A , Chapter 182 ; or
(B) bank that is organized to conduct a trust business and any incidental business or to exercise trust powers; and
(2) more than 50 percent of the voting stock of the entity is directly or indirectly owned by the bank holding company.
SUBCHAPTER B. SUBSIDIARY TRUST COMPANIES AS SUBSTITUTE OR SUCCESSOR FIDUCIARIES

Legislative History

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.52, eff. Sept. 1, 1999; Acts 1999, 76th Leg., ch. 344, Sec. 2.030, eff. Sept. 1, 1999. Amended by: Acts 2007, 80th Leg., R.S., Ch. 237 (H.B. 1962 ), Sec. 79, eff. September 1, 2007.