SUBSIDIARY TRUST COMPANY.

Tex. FIN Code § 274.003.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
An entity is a subsidiary trust company of a bank holding company if: (1) the entity is a: (A) trust company organized under Subchapter A , Chapter 182 ; or (B) bank that is organized to conduct a trust business and any incidental business or to exercise trust powers; and (2) more than 50 percent of the voting stock of the entity is directly or indirectly owned by the bank holding company. SUBCHAPTER B. SUBSIDIARY TRUST COMPANIES AS SUBSTITUTE OR SUCCESSOR FIDUCIARIES
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

Starting a business in Texas? Texas LLC guide: costs and requirements