Texas § FI.274.108 - SUBSIDIARY TRUST COMPANY AS SUBSTITUTE FIDUCIARY

Full text of Texas The Texas Constitution § FI.274.108 — SUBSIDIARY TRUST COMPANY AS SUBSTITUTE FIDUCIARY, with citation guidance and answers to common questions.

§ FI.274.108. SUBSIDIARY TRUST COMPANY AS SUBSTITUTE FIDUCIARY

SUBSIDIARY TRUST COMPANY AS SUBSTITUTE FIDUCIARY. On the effective date of the substitution as prescribed by Section 274.106 , the subsidiary trust company: (1) without the necessity of an instrument of transfer or conveyance, succeeds to all interest in property the affiliated bank holds for the fiduciary account being substituted; and (2) without the necessity of judicial action or action by the creator of the fiduciary account, becomes fiduciary of the account and shall perform the duties and exercise the powers of a fiduciary in the same manner as if the company had originally been designated fiduciary. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Source: official Texas text · Last verified 2026-08-27

Frequently Asked Questions About Texas § FI.274.108

What does The Texas Constitution § FI.274.108 cover?

Section FI.274.108 ("SUBSIDIARY TRUST COMPANY AS SUBSTITUTE FIDUCIARY") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § FI.274.108?

A common citation format is "The Texas Constitution § FI.274.108" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § FI.274.108 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.