Texas Statutes

§ 274.116 — RESPONSIBILITY FOR SUBSIDIARY TRUST COMPANY.

Texas § 274.116
JurisdictionTexas
Code FIFinance Code

This text of Texas § 274.116 (RESPONSIBILITY FOR 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. § 274.116 (2026).

Text

Sec. 274.116. RESPONSIBILITY FOR SUBSIDIARY TRUST COMPANY. The bank holding company that owns a subsidiary trust company shall file with the commissioner an irrevocable undertaking to be fully responsible for the fiduciary acts and omissions of the subsidiary trust company. SUBCHAPTER C. BANKS AFFILIATED WITH SUBSIDIARY TRUST COMPANIES

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Legislative History

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Nearby Sections

15
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Bluebook (online)
Texas § 274.116, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/274.116.