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 C. BANKS AFFILIATED WITH SUBSIDIARY TRUST COMPANIES |
Sec. 274.202. LIABILITY OF AFFILIATED BANK ACTING AS FIDUCIARY
Latest version.
-
After a substitution of a subsidiary trust company as fiduciary for an affiliated bank of the company, the bank remains liable for any action taken by the bank as a fiduciary.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.