Tex. Fin. Code § 274.003 · Subchapter A. GENERAL PROVISIONS
SUBSIDIARY TRUST COMPANY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
An entity is a subsidiary trust company of a bank holding company if:
(1) the entity is a:
(A) trust company organized under Subchapter A, Chapter 182; or
(B) bank that is organized to conduct a trust business and any incidental business or to exercise trust powers; and
(2) more than 50 percent of the voting stock of the entity is directly or indirectly owned by the bank holding company.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.52, eff. Sept. 1, 1999; Acts 1999, 76th Leg., ch. 344, Sec. 2.030, eff. Sept. 1, 1999.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 237 (H.B. 1962), Sec. 79, eff. September 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.274.htm
- Text hash
- sha256 a00d6b937e1a74368f485677e3688db7428d63fe151fec7881e1f7c551e4cf3c
- 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.