Texas Statutes (Last Updated: January 4, 2014) |
FINANCE CODE |
Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES |
Subtitle Z. MISCELLANEOUS PROVISIONS RELATING TO FINANCIAL INSTITUTIONS AND BUSINESSES |
Chapter 274. SUBSTITUTE OR SUCCESSOR FIDUCIARY |
Subchapter B. SUBSIDIARY TRUST COMPANIES AS SUBSTITUTE OR SUCCESSOR FIDUCIARIES |
Sec. 274.104. FORM OF NOTICE OF SUBSTITUTION
Latest version.
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The notice required under Section 274.103 must be in writing and disclose:
(1) the effect the substitution of fiduciary will have on the situs of administration of the fiduciary account;
(2) the person's rights with respect to objecting to the substitution; and
(3) the liability of the existing fiduciary and the substitute fiduciary for their actions.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.