Texas Finance Code 274.202 – Liability of Affiliated Bank Acting as Fiduciary
Current as of: 2024 | Check for updates
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Terms Used In Texas Finance Code 274.202
- Fiduciary: A trustee, executor, or administrator.
After a substitution of a subsidiary trust company as fiduciary for an affiliated bank of the company, the bank remains liable for any action taken by the bank as a fiduciary.