{"data":{"id":"us-tx/tex.-finance-code-274.107","jurisdiction":"us-tx","citation":"Tex. Finance Code § 274.107","heading":"HEARING ON AGREEMENT TO SUBSTITUTE FIDUCIARIES.","body":"(a) A court may deny the substitution if the court, after notice and hearing, determines:\n(1) if the substitution will not cause a change in the situs of administration of a fiduciary account, that the substitution is materially detrimental to the account or to its beneficiaries; or\n(2) if the substitution will cause a change in the situs of administration of a fiduciary account, that the substitution is not in the best interests of the account or its beneficiaries.\n(b) The court shall allow a substitution that will cause the situs of administration of a fiduciary account to change if the court, after notice and hearing, determines that the substitution is in the best interests of the account and its beneficiaries.\n(c) In a proceeding under this section, the court may award costs and reasonable and necessary attorney's fees as the court considers equitable and just.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE Z. MISCELLANEOUS PROVISIONS RELATING TO FINANCIAL INSTITUTIONS AND BUSINESSES","CHAPTER 274. SUBSTITUTE OR SUCCESSOR FIDUCIARY","SUBCHAPTER B. SUBSIDIARY TRUST COMPANIES AS SUBSTITUTE OR SUCCESSOR FIDUCIARIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.274.htm#274.107","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"0da0988091cb85ad1f1eb7acdca936f8b784cd0312b6e51389a6520ece717a12","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-274.106","next":"us-tx/tex.-finance-code-274.108"},"notice":"GroundRules: Original legal text. Not legal advice."}