Tex. Est. Code § 505.002 · Subchapter A. FOREIGN CORPORATE FIDUCIARY
APPLICABILITY OF OTHER LAW.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(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.
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.505.htm
- Text hash
- sha256 717c6add1270c3e5da88ba949a51162f580701bc2d02b283d2bb4f25309e0218
- 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.
Business Organizations Code
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.