Texas § FI.183.110 - FIDUCIARY RESPONSIBILITY

Full text of Texas The Texas Constitution § FI.183.110 — FIDUCIARY RESPONSIBILITY, with citation guidance and answers to common questions.

§ FI.183.110. FIDUCIARY RESPONSIBILITY

FIDUCIARY RESPONSIBILITY. The board of a state trust company is responsible for the proper exercise of fiduciary powers by the state trust company and each matter pertinent to the exercise of fiduciary powers, including: (1) the determination of policies; (2) the investment and disposition of property held in a fiduciary capacity; and (3) the direction and review of the actions of each officer, employee, and committee used by the state trust company in the exercise of its fiduciary powers. Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.

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Frequently Asked Questions About Texas § FI.183.110

What does The Texas Constitution § FI.183.110 cover?

Section FI.183.110 ("FIDUCIARY RESPONSIBILITY") 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.183.110?

A common citation format is "The Texas Constitution § FI.183.110" (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.183.110 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.