Finance Code › Title 3 › Chapter 274 › Subchapter B

Texas Finance Code § 274.110

Failure to Send Notice of Change in Situs of Administration

Substitute or Successor Fiduciary · Subsidiary Trust Companies as Substitute or Successor Fiduciaries

(a) If the substitute fiduciary of a fiduciary account intentionally fails to send the required notice under Section 274.109, the change in the situs of administration is ineffective.

(b) If the substitute fiduciary unintentionally fails to send the required notice, the change in the situs of administration is not impaired.

Official text of the Texas Finance Code as published by the Texas Legislative Council.

Official source
Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

This section refers to

§ 274.109