Texas Estates Code

§ 505.002 — APPLICABILITY OF OTHER LAW

ES § 505.002Title 2. ESTATES OF DECEDENTS; DURABLE POWERS OF ATTORNEY · Part K. FOREIGN WILLS, OTHER TESTAMENTARY INSTRUMENTS, AND FIDUCIARIES · Ch. 505. FOREIGN PERSONAL REPRESENTATIVES, TRUSTEES, AND FIDUCIARIES · Art. A. FOREIGN CORPORATE FIDUCIARY

Statute text

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(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.

Legislative history

Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.