(a) On receipt of a notice or process described by § 505.004(a)(2), the secretary of state shall promptly forward the notice or process by a qualified delivery method to the officer, agent, or other person designated by the foreign corporate fiduciary under § 505.004 to receive the notice or process.
(b) Service of notice or process described by § 505.004(a)(2) on the secretary of state as agent for a foreign corporate fiduciary has the same effect as if personal service had been had in this state on the foreign corporate fiduciary.

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Terms Used In Texas Estates Code 505.005

  • Corporate fiduciary: means a financial institution, as defined by § 201. See Texas Estates Code 22.006
  • Fiduciary: A trustee, executor, or administrator.
  • Person: includes a natural person and a corporation. See Texas Estates Code 22.027
  • Qualified delivery method: means delivery by:
    (1) hand delivery by courier, with courier's proof of delivery receipt;
    (2) certified or registered mail, return receipt requested, with return receipt; or
    (3) a private delivery service designated as a designated delivery service by the United States Secretary of the Treasury under Section 7502(f)(2), Internal Revenue Code of 1986, with proof of delivery receipt. See Texas Estates Code 22.0295