Tex. Estates Code § 22.006
This is the official text of Tex. Estates Code § 22.006, part of Texas’s Estates Code — governs wills, probate, and estate administration.
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§ 22.006. CORPORATE FIDUCIARY.
Official statutory text
"Corporate fiduciary" means a financial institution, as defined by Section 201.101, Finance Code, that:
(1) is existing or engaged in business under the laws of this state, another state, or the United States;
(2) has trust powers; and
(3) is authorized by law to act under the order or appointment of a court of record, without giving bond, as receiver, trustee, executor, administrator, or, although the financial institution does not have general depository powers, depository for any money paid into the court, or to become sole guarantor or surety in or on any bond required to be given under the laws of this state.
(1) is existing or engaged in business under the laws of this state, another state, or the United States;
(2) has trust powers; and
(3) is authorized by law to act under the order or appointment of a court of record, without giving bond, as receiver, trustee, executor, administrator, or, although the financial institution does not have general depository powers, depository for any money paid into the court, or to become sole guarantor or surety in or on any bond required to be given under the laws of this state.
Status: in_force · Read it on the official government site
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