Sec. 274.202. LIABILITY OF AFFILIATED BANK ACTING AS FIDUCIARY. 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.
Structure Texas Statutes
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
Section 274.201. Designation of Affiliated Bank as Fiduciary in Will
Section 274.202. Liability of Affiliated Bank Acting as Fiduciary