Tex. Est. Code § 22.006 · Chapter 22. DEFINITIONS
CORPORATE FIDUCIARY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
"Corporate fiduciary" means a financial institution, as defined by Section 201.101, Finance Code, that:
(1) is existing or engaged in business under the laws of this state, another state, or the United States;
(2) has trust powers; and
(3) is authorized by law to act under the order or appointment of a court of record, without giving bond, as receiver, trustee, executor, administrator, or, although the financial institution does not have general depository powers, depository for any money paid into the court, or to become sole guarantor or surety in or on any bond required to be given under the laws of this state.
Notes and commentary — not statutory text
History
Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ES/htm/ES.22.htm
- Text hash
- sha256 7cb1807f64f7ab051c406287a55c81f084fc46353619833db143603736ef2fa1
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.