DESIGNATION OF AFFILIATED BANK AS FIDUCIARY IN WILL.

Tex. FIN Code § 274.201.
in effect
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The prospective designation in a will or other instrument of an affiliated bank of a subsidiary trust company as fiduciary is also considered a designation of the company as fiduciary and confers on the company any discretionary power granted in the instrument unless: (1) the bank and company agree in writing to have the designation of the bank as fiduciary be binding; or (2) the creator of the fiduciary account, by appropriate language in the document creating the account, provides that the account is not eligible for substitution under this chapter.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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Tex. FIN Code § 274.201. — DESIGNATION OF AFFILIATED BANK AS FIDUCIARY IN WILL | Texas Statutes | Corpus