Finance Code § 36.107 — United States — Texas law | Esheria

Finance Code § 36.107

After a notice of dissolution is published, the bank must end its fiduciary positions, return property held as fiduciary, and settle fiduciary accounts; if accounts remain unsettled and untransferred, it must mail notices to affected trustors and beneficiaries with office and phone details unless the banking commission

Jurisdiction
United States — Texas
Instrument
Code
Version
Undated source snapshot
Language
en
Official source
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dissolution fiduciary administration notice

Statute overview

About this statute

After a notice of dissolution is published, the bank must end its fiduciary positions, return property held as fiduciary, and settle fiduciary accounts; if accounts remain unsettled and untransferred, it must mail notices to affected trustors and beneficiaries with office and phone details unless the banking commissioner directs otherwise.

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