Unless the banking commissioner directs or consents otherwise, the home office and all additional trust offices of a state trust company initiating voluntary dissolution shall remain open for business during normal business hours until the last date specified in published notices for presentation of claims, withdrawal of accounts, and redemption of property.
Tex. Fin. Code § 186.106
OFFICES TO REMAIN OPEN
Known as the Texas Trust Company Act
The act spans §§ 181–199 (242 sections).
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.