{"data":{"id":"us-tx/tex.-estates-code-1002.007","jurisdiction":"us-tx","citation":"Tex. Estates Code § 1002.007","heading":"CORPORATE FIDUCIARY.","body":"\"Corporate fiduciary\" means a financial institution, as defined by Section 201.101, Finance Code, that:\n(1) is existing or engaged in business under the laws of this state, another state, or the United States;\n(2) has trust powers; and\n(3) is authorized by law to act under the order or appointment of a court of record, without giving bond, as guardian, receiver, trustee, executor, administrator, or, although the financial institution does not have general depository powers, depository for any money paid into the court, or to become sole guarantor or surety in or on any bond required to be given under the laws of this state.\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.","path":["ESTATES CODE","TITLE 3. GUARDIANSHIP AND RELATED PROCEDURES","SUBTITLE A. GENERAL PROVISIONS","CHAPTER 1002. DEFINITIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/ES/htm/ES.1002.htm#1002.007","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:08Z","sha256":"8a3f9c22ea0749b010c5a597e07fdce1c8455c6d1a37fa55b08377db0f3582c9","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-estates-code-1002.006","next":"us-tx/tex.-estates-code-1002.008"},"notice":"GroundRules: Original legal text. Not legal advice."}