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.
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
- Official source
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fiduciary responsibility subsidiary trust companies
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Finance Code § 274.116
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