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Tex. Finance Code § 274.003

SUBSIDIARY TRUST COMPANY

Texas · Texas Finance Code · Status: effective

Banking, Finance & Insurance
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Tex. Finance Code § 274.003, SUBSIDIARY TRUST COMPANY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/646940
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An entity is a subsidiary trust company of a bank holding company if: (1) the entity is a: (A) trust company organized under Subchapter A, Chapter 182; or (B) bank that is organized to conduct a trust business and any incidental business or to exercise trust powers; and (2) more than 50 percent of the voting stock of the entity is directly or indirectly owned by the bank holding company.