Texas § ES.456.003 - DUTY OF ELIGIBLE INSTITUTIONS
Full text of Texas The Texas Constitution § ES.456.003 — DUTY OF ELIGIBLE INSTITUTIONS, with citation guidance and answers to common questions.
§ ES.456.003. DUTY OF ELIGIBLE INSTITUTIONS
DUTY OF ELIGIBLE INSTITUTIONS. Not later than the seventh business day after the date an eligible institution receives a copy of a written agreement under Section 456.002 (a) or a statement from a personal representative under Section 456.002 (b) and instructions from the lawyer identified in the agreement or statement, as applicable, regarding how to disburse the funds or close a trust or escrow account, the eligible institution shall disburse the funds and close the account in compliance with the instructions. Added by Acts 2015, 84th Leg., R.S., Ch. 949 (S.B. 995 ), Sec. 45, eff. September 1, 2015. Amended by: Acts 2017, 85th Leg., R.S., Ch. 844 (H.B. 2271 ), Sec. 35, eff. September 1, 2017.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § ES.456.003
What does The Texas Constitution § ES.456.003 cover?
Section ES.456.003 ("DUTY OF ELIGIBLE INSTITUTIONS") 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 § ES.456.003?
A common citation format is "The Texas Constitution § ES.456.003" (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 § ES.456.003 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.