Texas § FI.182.020 - FOREIGN CORPORATION EXERCISING TRUST POWERS

Full text of Texas The Texas Constitution § FI.182.020 — FOREIGN CORPORATION EXERCISING TRUST POWERS, with citation guidance and answers to common questions.

§ FI.182.020. FOREIGN CORPORATION EXERCISING TRUST POWERS

FOREIGN CORPORATION EXERCISING TRUST POWERS. (a) A foreign corporation may not conduct a trust business in this state. A foreign corporation may control a state trust company in this state if the state trust company is formed or acquired and operated as provided by this subtitle and applicable rules. (b) A foreign corporation or other entity chartered or domiciled in another jurisdiction as a trust company or depository institution with trust powers may act as a trustee in this state only as provided by Subchapter A , Chapter 505 , Estates Code. Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999. Amended by: Acts 2015, 84th Leg., R.S., Ch. 1236 (S.B. 1296 ), Sec. 20.016, eff. September 1, 2015.

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Frequently Asked Questions About Texas § FI.182.020

What does The Texas Constitution § FI.182.020 cover?

Section FI.182.020 ("FOREIGN CORPORATION EXERCISING TRUST POWERS") 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.182.020?

A common citation format is "The Texas Constitution § FI.182.020" (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.182.020 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.