Texas § ES.1002.007 - CORPORATE FIDUCIARY
Full text of Texas The Texas Constitution § ES.1002.007 — CORPORATE FIDUCIARY, with citation guidance and answers to common questions.
§ ES.1002.007. CORPORATE FIDUCIARY
CORPORATE FIDUCIARY. "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 guardian, 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. Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759 ), Sec. 1.02, eff. January 1, 2014.
Frequently Asked Questions About Texas § ES.1002.007
What does The Texas Constitution § ES.1002.007 cover?
Section ES.1002.007 ("CORPORATE 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 § ES.1002.007?
A common citation format is "The Texas Constitution § ES.1002.007" (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.1002.007 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.