{"data":{"id":"us-tx/tex.-finance-code-274.116","jurisdiction":"us-tx","citation":"Tex. Finance Code § 274.116","heading":"RESPONSIBILITY FOR SUBSIDIARY TRUST COMPANY.","body":"The bank holding company that owns a subsidiary trust company shall file with the commissioner an irrevocable undertaking to be fully responsible for the fiduciary acts and omissions of the subsidiary trust company.\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#274.116","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"9046b6734862ca93b19335c64c5aa0b3ef5676a364af736890b8ee4537fda53b","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-274.115","next":"us-tx/tex.-finance-code-274.201"},"notice":"GroundRules: Original legal text. Not legal advice."}