Sec. 505.002. APPLICABILITY OF OTHER LAW. (a) A foreign corporate fiduciary acting in a fiduciary capacity in this state in strict accordance with this subchapter:
(1) is not transacting business in this state within the meaning of Section 9.001, Business Organizations Code; and
(2) is qualified to serve in that capacity under Section 501.006.
(b) This subchapter is in addition to, and not a limitation on, Subtitles F and G, Title 3, Finance Code.
Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.
Structure Texas Statutes
Title 2 - Estates of Decedents; Durable Powers of Attorney
Subtitle K - Foreign Wills, Other Testamentary Instruments, and Fiduciaries
Chapter 505 - Foreign Personal Representatives, Trustees, and Fiduciaries
Subchapter A. Foreign Corporate Fiduciary
Section 505.002. Applicability of Other Law
Section 505.003. Authority of Foreign Corporate Fiduciary to Serve in Fiduciary Capacity
Section 505.004. Filing Requirements; Designation
Section 505.005. Service of Notice or Process on Secretary of State