{"data":{"id":"us-tx/tex.-finance-code-187.102","jurisdiction":"us-tx","citation":"Tex. Finance Code § 187.102","heading":"ESTABLISHING AN INTERSTATE TRUST OFFICE.","body":"(a) An out-of-state trust company that does not operate a trust office in this state may not establish and maintain a de novo trust office in this state unless:\n(1) a state trust company would be permitted to establish a de novo trust office in the home state or foreign country of the out-of-state trust company; and\n(2) a bank whose home state is this state would be permitted to establish a de novo branch in the home state or foreign country of the out-of-state trust company.\n(b) Subject to Subsection (a), a de novo trust office may be established in this state under this section through the acquisition of a trust office in this state of an existing trust institution.\nAdded by Acts 2001, 77th Leg., ch. 1420, Sec. 6.001(a), eff. Sept. 1, 2001.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE F. TRUST COMPANIES","CHAPTER 187. MULTISTATE TRUST BUSINESS","SUBCHAPTER B. OUT-OF-STATE TRUST COMPANY TRUST OFFICE"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.187.htm#187.102","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"dcd6407bed2eeec2e8736b9d8d08e16ab3aebb07d77ba10658800b0af91dec99","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-187.101","next":"us-tx/tex.-finance-code-187.103"},"notice":"GroundRules: Original legal text. Not legal advice."}