Texas Finance Code

§ 187.003 — INTERSTATE TRUST BUSINESS OF STATE TRUST COMPANY

FI § 187.003Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part F. TRUST COMPANIES · Ch. 187. MULTISTATE TRUST BUSINESS · Art. A. GENERAL PROVISIONS

Statute text

View on source

Subject to the approval of the banking commissioner pursuant to Section 182.203, a state trust company may engage in the trust business in another state or a foreign country at a trust office or a trust representative office to the extent permitted by and subject to applicable laws of the state or foreign country.

Legislative history

Added by Acts 2001, 77th Leg., ch. 1420, Sec. 6.001(a), eff. Sept. 1, 2001.