Texas Estates Code 505.002 – Applicability of Other Law
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(a) A foreign corporate fiduciary acting in a fiduciary capacity in this state in strict accordance with this subchapter:
(1) is not transacting business in this state within the meaning of § 9.001, Business Organizations Code; and
(2) is qualified to serve in that capacity under § 501.006.
(b) This subchapter is in addition to, and not a limitation on, Subtitles F and G, Title 3, Finance Code.
Terms Used In Texas Estates Code 505.002
- Fiduciary: A trustee, executor, or administrator.