Tex. Finance Code § 274.110
This is the official text of Tex. Finance Code § 274.110, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 274.110. FAILURE TO SEND NOTICE OF CHANGE IN SITUS OF ADMINISTRATION.
Official statutory text
(a) If the substitute fiduciary of a fiduciary account intentionally fails to send the required notice under Section 274.109, the change in the situs of administration is ineffective.
(b) If the substitute fiduciary unintentionally fails to send the required notice, the change in the situs of administration is not impaired.
(b) If the substitute fiduciary unintentionally fails to send the required notice, the change in the situs of administration is not impaired.
Status: in_force · Read it on the official government site
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