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Tex. Finance Code § 274.116

RESPONSIBILITY FOR SUBSIDIARY TRUST COMPANY

Texas · Texas Finance Code · Status: effective

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Tex. Finance Code § 274.116, RESPONSIBILITY FOR SUBSIDIARY TRUST COMPANY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/646957
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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.