{"data":{"id":"us-tx/tex.-finance-code-182.020","jurisdiction":"us-tx","citation":"Tex. Finance Code § 182.020","heading":"FOREIGN CORPORATION EXERCISING TRUST POWERS.","body":"(a) A foreign corporation may not conduct a trust business in this state. A foreign corporation may control a state trust company in this state if the state trust company is formed or acquired and operated as provided by this subtitle and applicable rules.\n(b) A foreign corporation or other entity chartered or domiciled in another jurisdiction as a trust company or depository institution with trust powers may act as a trustee in this state only as provided by Subchapter A, Chapter 505, Estates Code.\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. 1236 (S.B. 1296), Sec. 20.016, 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#182.020","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"b66f7bef0f19e84c1a48891d866ad75624295c2b845ab58e0208d2ea6c7243fe","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-182.019","next":"us-tx/tex.-finance-code-182.021"},"notice":"GroundRules: Original legal text. Not legal advice."}