Finance Code § 274.116

A bank holding company that owns a subsidiary trust company must file an irrevocable undertaking with the commissioner and accept full responsibility for the subsidiary trust company’s fiduciary acts and omissions.

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Jurisdiction: United States — Texas
Instrument: Code
Version: Undated source snapshot
Language: en
Official source: View official record ↗

fiduciary responsibility subsidiary trust companies

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Finance Code § 274.116

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