{"data":{"id":"us-tx/tex.-finance-code-274.111","jurisdiction":"us-tx","citation":"Tex. Finance Code § 274.111","heading":"EFFECTIVE DATE OF CHANGE IN SITUS OF ADMINISTRATION OF FIDUCIARY ACCOUNT.","body":"(a) A change in the situs of administration takes effect on the effective date stated in the notice under Section 274.109 unless, not later than the 16th day before the effective date:\n(1) each party entitled to receive notice for the fiduciary account provides the subsidiary trust company with a written objection to the change; or\n(2) a party entitled to receive notice files a written petition in a court seeking to have the change denied under Section 274.112 and provides the subsidiary trust company with a copy of the petition.\n(b) A change that is objected to under Subsection (a)(1) takes effect when:\n(1) one of the parties objecting to the change removes the party's objection in writing; or\n(2) the subsidiary trust company obtains a final court order approving the change.\n(c) A change that is objected to under Subsection (a)(2) takes effect when:\n(1) the petition is withdrawn or dismissed; or\n(2) the court enters a final order denying the relief sought.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff.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#274.111","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"69ecf9bdd750cde34ed2574f59a0f38f74aeda8dab57b397fdc19a52abe6197d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-274.110","next":"us-tx/tex.-finance-code-274.112"},"notice":"GroundRules: Original legal text. Not legal advice."}