{"data":{"id":"us-tx/tex.-finance-code-182.019","jurisdiction":"us-tx","citation":"Tex. Finance Code § 182.019","heading":"PRIOR EXEMPTION.","body":"(a) Subject to Subsection (b), a state trust company that was exempt before September 1, 1997, may no longer operate with that prior exempt status after the earlier of:\n(1) September 1, 2020; or\n(2) the date control is sold or otherwise transferred.\n(b) A state trust company may apply for a new exemption under Section 182.011 before loss of its exempt status under Subsection (a).\nAdded by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.\nAmended by:\nActs 2015, 84th Leg., R.S., Ch. 250 (S.B. 875), Sec. 9, eff. September 1, 2015.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE F. TRUST COMPANIES","CHAPTER 182. POWERS, ORGANIZATION, AND FINANCIAL REQUIREMENTS","SUBCHAPTER A. ORGANIZATION AND POWERS IN GENERAL"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.182.htm#182.019","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"a5f53d5bb61c59b5d9926d010879b011d5886dd15d7ef45994703fc4c32ddc4b","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-182.018","next":"us-tx/tex.-finance-code-182.020"},"notice":"GroundRules: Original legal text. Not legal advice."}