Tex. Est. Code § 505.006 · Subchapter A. FOREIGN CORPORATE FIDUCIARY
CRIMINAL PENALTY; EFFECT OF CONVICTION.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A foreign corporate fiduciary commits an offense if the fiduciary violates this subchapter.
(b) An offense under this section is a misdemeanor punishable by a fine not to exceed $5,000.
(c) On conviction, the court may prohibit a foreign corporate fiduciary convicted of an offense under this section from thereafter serving in any fiduciary capacity in 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.505.htm
- Text hash
- sha256 a0d1a99ac5cb5d1b3d27f1cf11c3cac3cd0871fdbaed9ccd86e6cd34eec46925
- 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
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.